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Wed, Apr 8 11:14 PM
Non-Compliant

WULF

Quality Rating

B
Minimal compliance quality

TeraWulf Inc. (WULF), a Bitcoin mining company operating with zero-carbon energy, undergoes Shariah compliance screening revealing non-compliance primarily due to elevated interest income ratio. While debt and liquidity metrics are favorable, the 15.83% interest income exceeds universal 5% thresholds. Business activities in sustainable crypto mining are generally permissible but subject to scholarly debate on speculation. No inclusion in major Shariah indices underscores conservative stances on financial purity and emerging sectors. Investors may consider purification for dividends, with overall status non-compliant pending improvements.

Purification Required
15.83%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

17.4%

Liquidity Ratio

7.7%

Interest Income Ratio

15.8%

Purification

15.83%