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Shariah compliance overview

Not Halal

Strive, Inc. 15.00% Series A Perpetual SATS Preferred Stock (SATS) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Strive, Inc. 15.00% Series A Perpetual SATS Preferred Stock

The 15.00% Series A Perpetual SATS Preferred Stock is a fixed-rate, cumulative perpetual preferred security issued by Strive, Inc., a Nevada corporation (Nasdaq: ASST) based in Dallas that describes itself as a structured finance company and institutional asset manager using Bitcoin as its…

Strive, Inc. 15.00% Series A Perpetual SATS Preferred Stock (SATS) operates in the Financial Services sector, in the Asset Management - Cryptocurrency industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
91.70%Limit 5%Fail
Interest-bearing debt
2.01%Limit 30%Pass
Interest-bearing securities and assets
1.24%Limit 30%Pass
Dividend purification
51.29%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Quick answers about Strive, Inc. 15.00% Series A Perpetual SATS Preferred Stock (SATS). Current Akinda screening label: Not Halal.