PurindexScreener / Finance Services / Core Scientific, Inc./tx
CORZ · NASDAQ
Core Scientific, Inc./tx
Not compliant
Core Scientific, Inc./tx is not compliant. It fails the business-activity screen: interest-based financial services.
TickerCORZ
ExchangeNASDAQ
SectorFinance Services
Not compliantCore Scientific, Inc./txCORZ · NASDAQ
FailBusiness activity
permissible core business
permissible core business
n/aInterest income / revenue
limit 5%
limit 5%
n/aDebt / total assets
limit 33.33%
limit 33.33%
n/aCash / total assets
limit 33.33%
limit 33.33%
Data and sources.
| Result | Business-activity test: the company's core business. |
| Financial ratios | Not shown: the company fails the business-activity test, so ratios do not change the result. |
| Method | AAOIFI Shariah Standard No. 21, business-activity screen. Purindex method v1 · how it works |
| Last updated | Not yet screened with financial data |
Spotted a mistake? Report a data issue. Purindex publishes this screening to help people understand what they own. It does not recommend buying, selling or holding Core Scientific, Inc./tx or any other security.
Questions about Core Scientific, Inc./tx.
- Is Core Scientific, Inc./tx (CORZ) stock halal?
- Core Scientific, Inc./tx is not compliant. It fails the business-activity screen: interest-based financial services.
- How does Purindex decide whether CORZ is Shariah compliant?
- The core business must be permissible, impure revenue must stay below 5% of total revenue, and interest-bearing debt and interest-bearing cash must each stay below 30% of market capitalisation. A company within 10% of a limit is marked doubtful. Until share prices are loaded, US, European and UK companies are checked against total assets (33.33% limits) using their official filings, and companies without verified data are marked insufficient data.
- Should I buy Core Scientific, Inc./tx shares?
- Purindex does not recommend buying, selling or holding Core Scientific, Inc./tx or any other security. It publishes screening information so you can check what you own. For a personal ruling, consult a qualified scholar.