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Is AtlasClear Holdings, Inc. (ATCH) stock halal?
Thresholds exceeded under all standards, and the strict view excludes it.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 06/30/2026.
The ratios
| Criterion | Measure | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 41.3% of market capitalization | 30% | threshold exceeded |
| Interest-bearing investments | 44.5% of market capitalization | 30% | threshold exceeded |
| Impermissible income | 9% of revenue | 5% | threshold exceeded |
Standard: AAOIFI, Standard No. 21.
Margin to threshold and trend
| Item | Ratio (fiscal year end) | Threshold (AAOIFI, Standard No. 21) | Margin | Change since year end | Estimated ratio |
|---|---|---|---|---|---|
| Interest-bearing debt | 41.3% | 30% | −11.3% | not read | — |
| Interest-bearing investments | 44.5% | 30% | −14.5% | not read | — |
No quarterly financial statements after fiscal year end, or inconsistent reading: the change is not shown. "On watch" flags a permitted company whose estimated ratio reaches the threshold, or is within 5 points of the threshold and rising. This is neither a forecast nor advice.
The three views
- Median view, our reference : the company is excluded.
- Strictest view : the company is excluded, because it borrows or invests at interest.
- Most lenient view : the company is excluded.
Business activity
Finance Services (SIC code 6199): services financiers : la part des revenus d'intérêts est à vérifier
Financial statements read
Fiscal year ended 06/30/2026, in millions of dollars. Source: SEC EDGAR: annual reports of AtlasClear Holdings, Inc..
What could not be verified
- Activity classified from the SEC sector code, without reading the annual report.
- Figures read automatically and not reviewed by a human.
Status history
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Compliance comparison only: no opinion on the value of these securities.
General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology