
EBON: Is Ebang International Holdings Inc. Halal?
Ebang International Holdings Inc.
$2.06
-2.14%
Market Cap: 13.5M
Compliance Status
Not Halal
Screened on Aug 12, 2026 · AAOIFI Standard 21
Non-Compliant
Is Ebang International Holdings Inc. (EBON) halal? Not Halal. Based on AAOIFI screening, Ebang International Holdings Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding EBON
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Ebang International Holdings Inc.
Established in 2018 and based in Hangzhou, China, Ebang International Holdings Inc. operates primarily within the blockchain and telecommunications industries. The company is deeply involved in the blockchain sector, specializing in the research, design, and development of application-specific integrated circuit (ASIC) chips, which it utilizes to produce its Ebit-branded Bitcoin mining machines. These advanced mining solutions are supplied to a global market, including China, the United States, and Hong Kong. Complementing its hardware offerings, Ebang delivers comprehensive mining machine hosting services, enabling clients to operate and maintain their equipment remotely. The company is also in the process of developing its own proprietary cryptocurrency exchange platform. Additionally, it facilitates foreign exchange trading, digital currency transfers, and virtual currency transactions. In the telecommunications arena, Ebang manufactures a diverse array of fiber-optic communication access devices, encompassing sophisticated multiprotocol label switching (MPLS) and wavelength-division multiplexing (WDM) systems, as well as multi-service access platforms. Its product line further includes enterprise-focused convergent terminals such as Gigabit Passive Optical Network (GPON) equipment, cloud gateway solutions, industrial Internet of Things (IoT) access devices, and smart wireless access devices. While blockchain products are sold directly and through its online portal, the company's telecommunication offerings, marketed under the EBANG brand, are primarily distributed via supplier contracts.
Sector: Technology · Industry: Computer Hardware
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
Halal Alternatives in Technology
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Technology Stocks
Track EBON and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Ebang International Holdings Inc. (EBON) halal to invest in?
Why did Ebang International Holdings Inc. get a F compliance rating?
What could change Ebang International Holdings Inc.'s Shariah verdict?
How often is Ebang International Holdings Inc. re-screened for Shariah compliance?
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.
