What is Bitmine Immersion Technologies, Inc.'s Shariah compliance score?

Bitmine Immersion Technologies, Inc. (BMNR) has a Shariah compliance score of 95/100 (Grade: A+, Excellent) 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 Bitmine Immersion Technologies, Inc. pass AAOIFI screening?

Bitmine Immersion Technologies, Inc. (BMNR) passes 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% (BMNR: 0.0%), (3) interest-bearing deposits below 30% (BMNR: 6.2%), and (4) prohibited income below 5% (BMNR: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Bitmine Immersion Technologies, Inc. stock?

Bitmine Immersion Technologies, Inc. (BMNR) has a non-permissible income ratio of 0.06%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BMNR shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Bitmine Immersion Technologies, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Bitmine Immersion Technologies, Inc. (BMNR) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BMNR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BMNR: Is Bitmine Immersion Technologies, Inc. Halal?

Bitmine Immersion Technologies, Inc.

NYSEFinancial ServicesUS

$14.61

-2.47%

Market Cap: 8.3B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

A+

Excellent

95Score

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

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.0% of 30.0% limit

What this means for you

You can own BMNR

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.1% of your income from BMNR

That is about $0.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q3 2026Data source: EDGAR

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Frequently Asked Questions

Is Bitmine Immersion Technologies, Inc. (BMNR) halal to invest in?

Based on AAOIFI Standard 21 screening, Bitmine Immersion Technologies, Inc. (BMNR) 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 Bitmine Immersion Technologies, Inc. get a A+ compliance rating?

Bitmine Immersion Technologies, Inc. (BMNR) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 6.2% (limit 30%); prohibited income of 0.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Bitmine Immersion Technologies, Inc.'s Shariah verdict?

Bitmine Immersion Technologies, 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 Bitmine Immersion Technologies, Inc. re-screened for Shariah compliance?

Bitmine Immersion Technologies, Inc. (BMNR) 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: Jul 14, 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.