WhiteFiber, Inc. (WYFI) - Not Halal (Non-Compliant)
WhiteFiber, Inc. (WYFI) 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
- Technology
- Industry
- Information Technology Services
- Result
- Pass
- Reason
- The sector "Technology" and industry "Information Technology Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 52.3% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 9.1% | Threshold: 30% | Result: Pass
- 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 WhiteFiber, Inc.
WhiteFiber, Inc. provides artificial intelligence (AI) infrastructure solutions. It operates through two segments, cloud services and colocation services. The company designs, develops, and operates data centers. It also offers hosting, colocation, and cloud-based high-performance computing (HPC) graphics processing unit (GPU) services. In addition, the company provides data center infrastructure and cloud services for enterprises, research institutions, and AI and machine learning (ML) driven businesses. Further, it serves healthcare, finance, and technologies; and GPU cloud customers. The company was formerly known as Celer, Inc. and changed its name to WhiteFiber, Inc. in October 2024. The company was incorporated in 2024 and is headquartered in New York, New York. WhiteFiber, Inc. is a subsidiary of Bit Digital, Inc.
Frequently Asked Questions
Is WhiteFiber, Inc. (WYFI) stock halal to invest in?
According to AAOIFI Shariah screening standards, WhiteFiber, Inc. (WYFI) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does WhiteFiber, Inc. have any interest income?
WhiteFiber, Inc.'s interest income ratio is 9.1% of total revenue. AAOIFI standards require this to be below 30%.

