HIVE Digital Technologies Ltd (HIVE) - Not Halal (Non-Compliant)
HIVE Digital Technologies Ltd (HIVE) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Financial Services
- Industry
- Capital Markets
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Capital Markets" has mixed revenue streams that require further analysis. The sector "Financial Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 71.8% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 42.0% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About HIVE Digital Technologies Ltd
HIVE Digital Technologies Ltd., a technology company, builds and operates data centers powered by green energy in Bermuda, Paraguay, Sweden, and Canada. The Company operates the mining and sale of digital currencies and performance computing hosting. It also provides infrastructure solutions, such as computational capacity to distributed networks in the blockchain industry. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in San Antonio, Texas.
Frequently Asked Questions
Is HIVE Digital Technologies Ltd (HIVE) stock halal to invest in?
According to AAOIFI Shariah screening standards, HIVE Digital Technologies Ltd (HIVE) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does HIVE Digital Technologies Ltd have any interest income?
HIVE Digital Technologies Ltd's interest income ratio is 42.0% of total revenue. AAOIFI standards require this to be below 30%.

