Is Applied Digital Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Applied Digital Corp (APLD) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Applied Digital Corp a Shariah-compliant stock?

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.

Can Muslims buy shares of Applied Digital Corp?

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.

Why is Applied Digital Corp classified as NOT HALAL?

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.

How often is the Shariah compliance for Applied Digital Corp updated?

The Shariah compliance status of Applied Digital Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Applied Digital Corp become non-compliant?

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.

Where can I check the Shariah status of Applied Digital Corp?

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.

APLD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 30, 2026

Report Source: 2026 3rd Quarter Report

Analyst's Ratings for Applied Digital Corp (APLD)

Based on 19 analysts giving stock ratings to Applied Digital Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Applied Digital Corp. Stock Analysis APLD

United States Information Technology Large Cap Report: Q3, 2026

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.

Key Statistics of Applied Digital Corp (APLD)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$42.10$44.32

Today's Open

$44.31

Volume

17.72M

P/E Ratio (TTM)

52 Week Range

$5.51$47.79

Market Cap

11.40B

Avg. Volume

23.69M

Dividend Yield

0.05%

Financial Metrics & Statements of Applied Digital Corp (APLD)

FAQ's for Applied Digital Corp (APLD)

According to Musaffa’s Shariah screening methodology, Applied Digital Corp (APLD) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.