What is Argo Blockchain plc's Shariah compliance score?

Argo Blockchain plc's (ARBK) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Argo Blockchain plc pass AAOIFI screening?

Argo Blockchain plc (ARBK) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ARBK: 374.9%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Argo Blockchain plc stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Argo Blockchain plc (ARBK) using the latest financial data.

Where can I screen Argo Blockchain plc for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Argo Blockchain plc (ARBK) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ARBK's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ARBK: Is Argo Blockchain plc Halal?

Argo Blockchain plc

NASDAQFinancial ServicesGB

$2.94

-1.01%

Market Cap: 935.0K

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Argo Blockchain plc (ARBK) halal? Not Halal. Based on AAOIFI screening, Argo Blockchain plc passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

374.9% of 30.0% limit

What this means for you

Most scholars advise not holding ARBK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Argo Blockchain plc

Argo Blockchain plc, including its subsidiary ventures, operates globally as a miner of Bitcoin and other various cryptocurrencies. The company achieves this by deploying specialized computer systems engineered to process intricate cryptographic algorithms. Founded in 2017, the enterprise was initially known as GoSun Blockchain Limited, officially rebranding to Argo Blockchain plc in December of the same year. Its corporate headquarters are located in London, United Kingdom.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$398.55

+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Free · No credit card required

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Frequently Asked Questions

Is Argo Blockchain plc (ARBK) halal to invest in?

Argo Blockchain plc (ARBK) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Argo Blockchain plc get a F compliance rating?

Argo Blockchain plc (ARBK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 374.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Argo Blockchain plc's Shariah verdict?

Argo Blockchain plc'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 Argo Blockchain plc re-screened for Shariah compliance?

Argo Blockchain plc (ARBK) 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: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · 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.