Is Bitdeer Technologies Group (BTDR) halal? Doubtful. Based on AAOIFI screening, Bitdeer Technologies Group passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 67/100 (Grade: B).

Bitdeer Technologies Group

BTDR: Is Bitdeer Technologies Group Halal?

Doubtful

Bitdeer Technologies Group

NASDAQTechnologySG

$18.76

+1.35%

Purify ~1.2% of income

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for the cryptocurrency mining community. It mines cryptocurrencies for its own account and serve the cryptocurrency mining community by providing cryptocurrency mining solution. The company handles various processes involved in mining, such as miner procurement, transport logistics, mining datacenter design and construction, mining machine management, and daily operations. It has mining datacenters deployed in the United States and Norway. The company is headquartered in Singapore.

Sector: Technology 路 Industry: Software - Application

Why This Stock Is Doubtful

  • Debt is 28.4% of market cap, only 1.6 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B

Acceptable

Acceptable but room for improvement

67Score

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 Cap28.4% / 30.0%

Compliance History

Doubtful, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Purify Your BTDR Dividends

1.2% non-compliant income

BTDR has 1.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

4.4B

Price

$18.76

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is Bitdeer Technologies Group (BTDR) halal to invest in?
Bitdeer Technologies Group (BTDR) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Bitdeer Technologies Group get a B compliance rating?
Bitdeer Technologies Group (BTDR) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.4% (limit 30%); interest-bearing deposits of 4.2% (limit 30%); prohibited income of 1.23% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Bitdeer Technologies Group's Shariah verdict?
Bitdeer Technologies Group'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 Bitdeer Technologies Group re-screened for Shariah compliance?
Bitdeer Technologies Group (BTDR) 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 18, 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.