What is Grayscale CoinDesk Crypto 5 ETF's Shariah compliance score?

Grayscale CoinDesk Crypto 5 ETF (GDLC) has a Shariah compliance score of 50/100 (Grade: C+, Fair) 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 Grayscale CoinDesk Crypto 5 ETF pass AAOIFI screening?

Grayscale CoinDesk Crypto 5 ETF (GDLC) does not pass 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% (GDLC: 0.0%), (3) interest-bearing deposits below 30% (GDLC: 0.0%), and (4) prohibited income below 5% (GDLC: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Grayscale CoinDesk Crypto 5 ETF stock?

Grayscale CoinDesk Crypto 5 ETF (GDLC) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GDLC 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 Grayscale CoinDesk Crypto 5 ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Grayscale CoinDesk Crypto 5 ETF (GDLC) 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 GDLC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GDLC: Is Grayscale CoinDesk Crypto 5 ETF Halal?

Grayscale CoinDesk Crypto 5 ETF

AMEXFinancial ServicesUS

$29.92

+5.39%

Market Cap: 413.2M

About Grayscale CoinDesk Crypto 5 ETF

The Grayscale CoinDesk Crypto 5 ETF is the first exchange-traded fund listed in the U.S. that offers exclusive investment in, and derives its value from, a collection of prominent large-capitalization digital assets. This structure provides a security-based pathway for investors to access leading cryptocurrencies, eliminating the difficulties often linked with directly buying, storing, and securing these digital assets. The fund aims for its share value (calculated based on net asset value) to faithfully reflect the aggregate value of the digital assets it possesses, which is determined by their specific index prices or reference rates and their proportions within the fund, less any fund expenses and other financial obligations.

Sector: Financial Services · Industry: Asset Management - Cryptocurrency

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Basket Composition

0% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%

Halal0%

Doubtful0%

Not Halal0%

Unknown100%

Compliance History

Under Review, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Frequently Asked Questions

Is Grayscale CoinDesk Crypto 5 ETF (GDLC) halal to invest in?

Grayscale CoinDesk Crypto 5 ETF (GDLC) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.

Why did Grayscale CoinDesk Crypto 5 ETF get a C+ compliance rating?

Grayscale CoinDesk Crypto 5 ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change Grayscale CoinDesk Crypto 5 ETF's Shariah verdict?

Grayscale CoinDesk Crypto 5 ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Grayscale CoinDesk Crypto 5 ETF re-screened for Shariah compliance?

Grayscale CoinDesk Crypto 5 ETF (GDLC) 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 19, 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.