BitGo Holdings, Inc.

BTGO: Is BitGo Holdings, Inc. Halal?

BitGo Holdings, Inc.

NYSEFinancial ServicesUS

$5.11

-0.39%

Market Cap: 547.3M

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A

Very Good

89Score

Is BitGo Holdings, Inc. (BTGO) halal? Halal. Based on AAOIFI screening, BitGo Holdings, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

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%.

1.3% of 30.0% limit

What this means for you

You can own BTGO

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About BitGo Holdings, Inc.

BitGo Holdings, Inc. functions as a pivotal infrastructure provider within the digital asset space. Its advanced technological platform enables institutional clients to securely handle, manage, leverage, and originate digital assets. Through this platform, BitGo delivers a suite of services, including self-custody solutions, regulated qualified custody, liquidity and prime brokerage functionalities, and infrastructure-as-a-service (IaaS). These offerings are designed for investors, developers, and other participants throughout the digital asset ecosystem. The company's broad clientele encompasses crypto-native businesses utilizing its self-custody technology, traditional financial service providers, various digital asset firms, technology platforms, corporations, governmental bodies, and high-net-worth individuals. BitGo primarily operates across North America, Europe, and Asia, catering to institutional investors, trading desks, investment advisors, digital asset exchanges, and software developers. Founded in 2013, BitGo Holdings, Inc. is headquartered in Palo Alto, California.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is BitGo Holdings, Inc. (BTGO) halal to invest in?
Based on AAOIFI Standard 21 screening, BitGo Holdings, Inc. (BTGO) is rated Halal with a compliance grade of A (Very Good). 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 BitGo Holdings, Inc. get a A compliance rating?
BitGo Holdings, Inc. (BTGO) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.3% (limit 30%); interest-bearing deposits of 11.3% (limit 30%); prohibited income of 0.02% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BitGo Holdings, Inc.'s Shariah verdict?
BitGo Holdings, 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 BitGo Holdings, Inc. re-screened for Shariah compliance?
BitGo Holdings, Inc. (BTGO) 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 18, 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.