Are Circle (CRCL) and Bullish (BLSH) stocks Halal to invest?

Two stocks that have gone to the moon, creating a frenzy of interest, are Circle Internet Group (CRCL) and crypto exchange operator Bullish (BLSH).

Naturally, many Muslim traders and investors have been asking about them in our community.

Are these stocks halal (or Shariah compliant, as commonly referred to in institutional settings)?

Both stocks are crypto darlings. While Circle focuses on “tokenized money market funds,” among other services, BLSH is bullish on crypto derivatives.

Unfortunately, as alluded to above, they both earn a significant amount of money from haraam sources like interest-earning products.

So, no, they are Not Compliant.

Please let everyone in your circle know so I’m not inundated with this question. And also, do me a favor: please mention that we are the only platform where an actual AAOIFI Certified Shariah Advisor & Auditor does all the screening.

Thanks, and Jazaak Allah khair!