What is Galaxy Digital's Shariah compliance score?

Galaxy Digital's (GLXY) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Galaxy Digital pass AAOIFI screening?

Galaxy Digital (GLXY) 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% (GLXY: 70.6%), (3) interest-bearing deposits below 30% (GLXY: 25.9%), and (4) prohibited income below 5% (GLXY: 0.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Galaxy Digital stock?

Galaxy Digital (GLXY) has a non-permissible income ratio of 0.21%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GLXY 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 Galaxy Digital for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Galaxy Digital (GLXY) 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 GLXY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GLXY: Is Galaxy Digital Halal?

Galaxy Digital

NASDAQFinancial ServicesUS

$29.06

-5.68%

Market Cap: 9.6B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Galaxy Digital (GLXY) halal? Not Halal. Based on AAOIFI screening, Galaxy Digital passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

70.6% of 30.0% limit

What this means for you

Most scholars advise not holding GLXY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Galaxy Digital

Galaxy Digital Inc. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, and bespoke lending and structured products. It offers GalaxyOne, a unified technology platform for institutional investors; and financial and strategic advisory services for the digital assets, Web3, and the blockchain technology sector. In addition, the company provides Galaxy Asset Management, a platform that provides access to the digital asset ecosystem; bitcoin mining and validator services; and quantitative, arbitrage, and macro trading strategies. Further, it develops, operates, and invests in technology that powers the digital assets ecosystem, such as bitcoin mining and hosting services, network validator services, and enterprise-grade self-custody technology. The company is headquartered in New York, New York.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Fiscal: Q1 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:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Galaxy Digital (GLXY) halal to invest in?

Galaxy Digital (GLXY) 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 Galaxy Digital get a F compliance rating?

Galaxy Digital (GLXY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 70.6% (limit 30%); interest-bearing deposits of 25.9% (limit 30%); prohibited income of 0.21% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Galaxy Digital's Shariah verdict?

Galaxy Digital'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 Galaxy Digital re-screened for Shariah compliance?

Galaxy Digital (GLXY) 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 16, 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.