BTCS Inc.

BTCS: Is BTCS Inc. Halal?

BTCS Inc.

NASDAQFinancial ServicesUS

$1.50

+2.04%

Market Cap: 74.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

98.2% of 30.0% limit

What this means for you

Most scholars advise not holding BTCS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About BTCS Inc.

BTCS Inc. operates primarily within the burgeoning fields of digital assets and blockchain technology. A key component of its business involves acting as a validator for various proof-of-stake (PoS) based blockchain networks, thereby playing a crucial role in securing and maintaining these innovative, next-generation distributed ledgers. Beyond its validation services, the company is also constructing an exclusive Digital Asset Platform. This platform aims to offer users a unified solution for monitoring and analyzing their diverse cryptocurrency holdings across a multitude of exchanges and different blockchain environments from one centralized interface. Tracing its origins back to 2013, the company was initially known as Bitcoin Shop, Inc. It subsequently underwent a name change, adopting the BTCS Inc. moniker in July 2015. The firm maintains its headquarters in Silver Spring, Maryland.

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: Q2 2026Data source: EDGAR

Halal Alternatives in Financial Services

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

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Frequently Asked Questions

Is BTCS Inc. (BTCS) halal to invest in?
BTCS Inc. (BTCS) 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 BTCS Inc. get a F compliance rating?
BTCS Inc. (BTCS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 98.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BTCS Inc.'s Shariah verdict?
BTCS 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 BTCS Inc. re-screened for Shariah compliance?
BTCS Inc. (BTCS) 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.