What is The iShares Bitcoin Premium Income ETF's Shariah compliance score?

The iShares Bitcoin Premium Income ETF (BITA) has a Shariah compliance score of 50/100 (Grade: C+, Fair) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does The iShares Bitcoin Premium Income ETF pass AAOIFI screening?

The iShares Bitcoin Premium Income ETF (BITA) 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% (BITA: 0.0%), (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 The iShares Bitcoin Premium Income ETF 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 The iShares Bitcoin Premium Income ETF (BITA) using the latest financial data.

Where can I screen The iShares Bitcoin Premium Income ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for The iShares Bitcoin Premium Income ETF (BITA) 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 BITA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BITA: Is The iShares Bitcoin Premium Income ETF Halal?

The iShares Bitcoin Premium Income ETF

NASDAQFinancial ServicesUS

$60.45

+0.00%

Market Cap: 12.1M

About The iShares Bitcoin Premium Income ETF

The iShares Bitcoin Premium Income ETF aims to track bitcoin's performance while generating premium income through an actively managed options strategy. The fund provides investors a way to seek monthly income and capture a significant portion of bitcoin's upside potential, with potentially lower volatility compared to direct spot bitcoin exposure.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Basket Composition

0% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%

Halal0%

Doubtful0%

Not Halal0%

Unknown100%

Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your BITA Dividends

Calculate your purification amount for BITA dividends based on AAOIFI standards.

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track BITA and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is The iShares Bitcoin Premium Income ETF (BITA) halal to invest in?

The iShares Bitcoin Premium Income ETF (BITA) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.

Why did The iShares Bitcoin Premium Income ETF get a C+ compliance rating?

The iShares Bitcoin Premium Income ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change The iShares Bitcoin Premium Income ETF's Shariah verdict?

The iShares Bitcoin Premium Income ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is The iShares Bitcoin Premium Income ETF re-screened for Shariah compliance?

The iShares Bitcoin Premium Income ETF (BITA) 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.