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Shariah compliance overview

Not Halal

Applied Digital Corp. (APLD) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Applied Digital Corp.

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business.

Applied Digital Corp. (APLD) operates in the Technology sector, in the Information Technology Services industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
7.92%Limit 5%Fail
Interest-bearing debt
124.35%Limit 30%Fail
Interest-bearing securities and assets
39.78%Limit 30%Fail
Dividend purification
7.92%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Applied Digital Corp. (APLD). Current Akinda screening label: Not Halal.