Coinbase Global, Inc.

COIN: Is Coinbase Global, Inc. Halal?

Coinbase Global, Inc.

NASDAQFinancial ServicesUS

$174.96

-2.54%

Market Cap: 46.2B

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Coinbase Global, Inc. (COIN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/COIN

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%.

11.9% of 30.0% limit

What this means for you

Most scholars advise not holding COIN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Coinbase Global, Inc.

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.

Sector: Financial Services · Industry: Financial - Data & Stock Exchanges

Read Full Analysis

Is Coinbase (COIN) Stock Halal? Shariah Compliance Analysis

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Business Activity Screen

Failed

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

  • USDC stablecoin reserve interest: 18.8% of FY2025 revenue
  • Staking services (blockchain rewards): 9.4% of FY2025 revenue
  • Institutional margin lending and financing (interest and finance fee income)
  • Leveraged derivatives venues: Deribit, perpetual and dated futures

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 Jun 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 Coinbase Global, Inc. (COIN) halal to invest in?
Coinbase Global, Inc. (COIN) 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 Coinbase Global, Inc. get a F compliance rating?
Coinbase Global, Inc. (COIN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Coinbase Global, Inc.'s Shariah verdict?
Coinbase Global, 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 Coinbase Global, Inc. re-screened for Shariah compliance?
Coinbase Global, Inc. (COIN) 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 1, 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.