WULF
Quality Rating
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
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
- Interest income ratio of 15.83% exceeds 5% threshold across all standards
- Potential gharar in cryptocurrency mining business model
Debt Ratio
17.4%
Liquidity Ratio
7.7%
Interest Income Ratio
15.8%
Purification
15.83%