CleanSpark, Inc.

CLSK: Is CleanSpark, Inc. Halal?

CleanSpark, Inc.

NASDAQFinancial ServicesUS

$17.45

+1.22%

Market Cap: 4.5B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

B+

Good

71Score

Is CleanSpark, Inc. (CLSK) halal? Halal. Based on AAOIFI screening, CleanSpark, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 71/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

18.6% of 30.0% limit

What this means for you

You can own CLSK

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

Purify 2.4% of your income from CLSK

That is about $2.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About CleanSpark, Inc.

CleanSpark, Inc. is a global enterprise specializing in cryptocurrency mining and advanced energy technologies. The company's operations are divided into two primary divisions: Digital Currency Mining and Energy Solutions. Its Digital Currency Mining segment is dedicated to the extraction of bitcoin. The Energy Solutions division offers a comprehensive suite of services, including engineering expertise, software development, bespoke hardware, and solutions for open automated demand response, solar power, and energy storage. These offerings cater to microgrids and decentralized energy systems, serving a diverse client base across military, commercial, and residential sectors. This segment also develops sophisticated platforms that facilitate the creation, deployment, operation, and management of various energy assets. Key products within this portfolio include mPulse and mVoult, which are control systems designed to integrate and optimize diverse energy sources. It also provides Canvas, a middleware platform empowering grid operators and aggregators to oversee demand-side management programs, and Plaid, a similar middleware enabling control and Internet-of-Things companies to engage in such initiatives. Furthermore, mVSO is proprietary software for internal microgrid design and modeling. CleanSpark also possesses innovative gasification energy technologies, including those used to produce feedstock for di-methyl ether. Beyond these core activities, CleanSpark offers technology consulting, encompassing design and software development. It also extends data center facilities, providing rack space, power, and essential equipment, alongside a suite of cloud services like virtual servers, virtual storage, and data backup solutions. Originally established in 1987 as Stratean Inc., the company rebranded as CleanSpark, Inc. in November 2016. Its corporate headquarters are situated in Henderson, Nevada.

Sector: Financial Services · Industry: Asset Management - Cryptocurrency

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: FY 2025Data source: EDGAR
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Frequently Asked Questions

Is CleanSpark, Inc. (CLSK) halal to invest in?
Based on AAOIFI Standard 21 screening, CleanSpark, Inc. (CLSK) is rated Halal with a compliance grade of B+ (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 CleanSpark, Inc. get a B+ compliance rating?
CleanSpark, Inc. (CLSK) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.6% (limit 30%); interest-bearing deposits of 1.2% (limit 30%); prohibited income of 2.45% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CleanSpark, Inc.'s Shariah verdict?
CleanSpark, 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 CleanSpark, Inc. re-screened for Shariah compliance?
CleanSpark, Inc. (CLSK) 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.