MARA Holdings, Inc. (MARA) - Not Halal (Non-Compliant)
MARA Holdings, Inc. (MARA) 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: 71.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 12.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 6.2% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 6.16%.Based on the company's financial statements, approximately 6.16% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.16% of total income). Some scholars may differ on the exact calculation method.
About MARA Holdings, Inc.
MARA Holdings, Inc. operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America. The company leverages Bitcoin Mining and Artificial Intelligence compute to monetize excess energy and underutilized power, optimize power management across operations and support AI inference applications. The company was formerly known as Marathon Digital Holdings, Inc. and changed its name to MARA Holdings, Inc. in August 2024. MARA Holdings, Inc. was incorporated in 2010 and is based in Hallandale Beach, Florida.
Frequently Asked Questions
Is MARA Holdings, Inc. (MARA) stock halal to invest in?
According to AAOIFI Shariah screening standards, MARA Holdings, Inc. (MARA) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does MARA Holdings, Inc. have any interest income?
MARA Holdings, Inc.'s interest income ratio is 12.1% of total revenue. AAOIFI standards require this to be below 30%.

