BitGo Holdings, Inc.

BTGO: Is BitGo Holdings, Inc. Halal?

BitGo Holdings, Inc.

NYSEFinancial ServicesUS

$7.07

+2.02%

Market Cap: 757.2M

Compliance Status

Not Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is BitGo Holdings, Inc. (BTGO) halal? Not Halal. Based on AAOIFI screening, BitGo Holdings, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates BitGo Holdings, Inc. (BTGO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/BTGO

Business activity

Involved in prohibited business activities.

Failed

Company debt

Well clear of the limit

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

0.9% of 30.0% limit

What this means for you

Most scholars advise not holding BTGO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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 Sep 3, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Staking services: 20.3% of FY2025 net revenue
  • Stablecoin reserve interest (Stablecoin-as-a-Service)
  • Digital asset lending interest (inside subscriptions, not separately disclosed)

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Halal

    until the change above

  3. Doubtful

    until the change above

  4. Halal

    until the change above

Tracked since May 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 BitGo Holdings, Inc. (BTGO) halal to invest in?
BitGo Holdings, Inc. (BTGO) 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 BitGo Holdings, Inc. get a F compliance rating?
BitGo Holdings, Inc. (BTGO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.9% (limit 30%). 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: Sep 3, 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.