What is Cipher Mining Inc.'s Shariah compliance score?

Cipher Mining Inc. (CIFR) has a Shariah compliance score of 74/100 (Grade: B+, Good) 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 Cipher Mining Inc. pass AAOIFI screening?

Cipher Mining Inc. (CIFR) partially passes with caution 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% (CIFR: 28.5%), (3) interest-bearing deposits below 30% (CIFR: 0.2%), and (4) prohibited income below 5% (CIFR: 0.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Cipher Mining Inc. stock?

Cipher Mining Inc. (CIFR) has a non-permissible income ratio of 0.39%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CIFR 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 Cipher Mining Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Cipher Mining Inc. (CIFR) 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 CIFR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CIFR: Is Cipher Mining Inc. Halal?

Cipher Mining Inc.

NASDAQFinancial ServicesUS

$26.29

+9.50%

Market Cap: 10.8B

Compliance Status

Doubtful

Screened on Jul 17, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is Cipher Mining Inc. (CIFR) halal? Doubtful. Based on AAOIFI screening, Cipher Mining Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 74/100 (Grade: B+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

28.5% of 30.0% limit

What this means for you

You may own CIFR, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purify 0.4% of your income from CIFR

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Cipher Mining Inc.

Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.

Sector: Financial Services · Industry: Financial - Capital Markets

Why This Stock Is Doubtful

Debt is 28.5% of market cap, only 1.5 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Doubtfulnow
since Jul 2026
Not Halal
until the change above
Doubtful
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 Cipher Mining Inc. (CIFR) halal to invest in?

Cipher Mining Inc. (CIFR) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Cipher Mining Inc. get a B+ compliance rating?

Cipher Mining Inc. (CIFR) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.5% (limit 30%); interest-bearing deposits of 0.2% (limit 30%); prohibited income of 0.39% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Cipher Mining Inc.'s Shariah verdict?

Cipher Mining 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 Cipher Mining Inc. re-screened for Shariah compliance?

Cipher Mining Inc. (CIFR) 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 17, 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.