Is Bakkt Holdings, Inc. (BKKT) halal? Halal. Based on AAOIFI screening, Bakkt Holdings, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

Bakkt Holdings, Inc.

BKKT: Is Bakkt Holdings, Inc. Halal?

Halal

Bakkt Holdings, Inc.

NYSETechnologyUS

$7.70

-5.06%

About Bakkt Holdings, Inc.

Bakkt Holdings, Inc. operates a specialized platform focused on digital assets. Through this proprietary system, individuals are empowered to acquire, sell, exchange, and spend various digital currencies seamlessly. The company serves a diverse clientele, including merchants, retailers, and established financial organizations. A key strategic alliance exists between Bakkt Holdings, Inc. and Global Payments, aimed at developing joint initiatives. Their initial collaboration is centered on integrating cryptocurrency as a redemption option within customer loyalty programs provided by bankcard clients. Furthermore, this partnership endeavors to broaden Bakkt's banking-as-a-service offerings, thereby facilitating greater consumer engagement with digital assets. The company, originally established in 2018, was formerly known as VPC Impact Acquisition Holdings before adopting its current name. Its principal operations are based in Alpharetta, Georgia, and it functions as a subsidiary of Intercontinental Exchange Holdings, Inc.

Sector: Technology 路 Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A+

Excellent

Exceptionally strong compliance

95Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.1% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: FY 2025Source: EDGAR

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Financial Overview

Market Cap

343.5M

Price

$7.70

Sector

Technology

Industry

Software - Infrastructure

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Frequently Asked Questions

Is Bakkt Holdings, Inc. (BKKT) halal to invest in?
Based on AAOIFI Standard 21 screening, Bakkt Holdings, Inc. (BKKT) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Bakkt Holdings, Inc. get a A+ compliance rating?
Bakkt Holdings, Inc. (BKKT) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.1% (limit 30%); interest-bearing deposits of 5.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Bakkt Holdings, Inc.'s Shariah verdict?
Bakkt Holdings, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Bakkt Holdings, Inc. re-screened for Shariah compliance?
Bakkt Holdings, Inc. (BKKT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.