
Is Coinbase Global (COIN) stock Halal?
September 2026 AAOIFI screening result for Coinbase Global, Inc. (COIN): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Coinbase Global, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Coinbase Global is a financial technology company specializing in cryptocurrency exchange operations. Coinbase supports a wide range of digital assets, including Bitcoin, Ethereum, and numerous altcoins, providing users with a secure and user-friendly interface to manage their digital portfolios. The company plays a significant role in the burgeoning cryptocurrency industry, acting as a bridge between traditional financial markets and the decentralized digital asset space. Before any of that matters to a Muslim investor, one question comes first: is Coinbase Global stock Halal?
Is Coinbase Global Shariah compliant?
In financial services the activity screen carries the verdict more often than anywhere else: AAOIFI Shariah Standard No. 21 draws a hard line between fee based, permissible services and earning Riba as a business model. For Coinbase Global, that distinction comes first, with the debt and investment ratios behind it.
Does Coinbase Global pass the business activity test?
The activity screen is only part of the picture this month: Coinbase Global currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Coinbase Global's income Halal?
No. Coinbase Global's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Coinbase Global meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has COIN re-screened every month, and the result above always shows the latest verdict.
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New to the four screens? Read What is Riba? A Clear Guide for Ethical Muslim Investing



