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Shariah compliance overview

Not Halal

Cipher Mining Inc. (CIFR) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Cipher Mining Inc.

Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector. Its primary objective involves the development and expansion of cryptocurrency mining operations, specifically tailored for Bitcoin.

Cipher Mining Inc. (CIFR) 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.

Business Activity
8.00%Limit 5%Fail
Interest-bearing debt
89.96%Limit 30%Fail
Interest-bearing securities and assets
20.56%Limit 30%Pass
Dividend purification
8.00%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 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 Cipher Mining Inc. (CIFR). Current Akinda screening label: Not Halal.