Marathon Digital Holdings, Inc.

MARA: Is Marathon Digital Holdings, Inc. Halal?

Marathon Digital Holdings, Inc.

NASDAQFinancial ServicesUS

$12.40

-7.26%

Market Cap: 4.7B

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Marathon Digital Holdings, Inc. (MARA) halal? Not Halal. Based on AAOIFI screening, Marathon Digital 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.

Passed

Company debt

Over the limit

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

74.9% of 30.0% limit

What this means for you

Most scholars advise not holding MARA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Marathon Digital Holdings, Inc.

Marathon Digital Holdings, Inc. is a technology firm specializing in digital assets. Its core business involves mining cryptocurrencies, with a strategic focus on developing the blockchain ecosystem and generating new digital assets primarily within the United States. By the close of 2021, the company held roughly 8,115 bitcoins, 4,794 of which were managed within an investment fund. Founded in 2010, the company, headquartered in Las Vegas, Nevada, adopted its current name in February 2021, having previously been known as Marathon Patent Group, Inc.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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:

Free · No credit card required

Track MARA 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.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Marathon Digital Holdings, Inc. (MARA) halal to invest in?
Marathon Digital Holdings, Inc. (MARA) 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 Marathon Digital Holdings, Inc. get a F compliance rating?
Marathon Digital Holdings, Inc. (MARA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 74.9% (limit 30%); interest-bearing deposits of 4.1% (limit 30%); prohibited income of 81.48% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Marathon Digital Holdings, Inc.'s Shariah verdict?
Marathon Digital Holdings, 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 Marathon Digital Holdings, Inc. re-screened for Shariah compliance?
Marathon Digital Holdings, Inc. (MARA) 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 13, 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.