As of August 2026, Applied Digital Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Applied Digital Corp. Stock Analysis APLD
United States Information Technology Mid Cap
Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. The company is headquartered in Dallas, Texas and currently employs 205 full-time employees. The company went IPO on 2002-07-22. The Company’s segments include data center hosting (Data Center Hosting Business) and high-performance compute hosting (HPC Hosting Business). The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers. Customer-owned hardware is installed in its facilities, and the Company provides operational and maintenance services for a fixed fee. Its facilities include a 106 megawatt (MW) facility in Jamestown and a 180 MW facility in Ellendale, North Dakota. The HPC Hosting Business designs, builds, and operates data centers which are designed to support high-compute applications using advanced technologies and infrastructures to provide services to customers. Its HPC data center is located at its Polaris Forge 1 campus with 100 MW capacity.
Applied Digital Corp (APLD) Chart
Financial Metrics & Statements of Applied Digital Corp (APLD)
FAQ's for Applied Digital Corp (APLD)
As of August 2026, Applied Digital Corp APLD is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Applied Digital Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Applied Digital Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Applied Digital Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Applied Digital Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Applied Digital Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Applied Digital Corp (APLD)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.