HalalGauge
Back to STRC verdict
Annotated balance sheet · halal screening

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock

The full balance sheet for STRC, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

Showing under
Annotated balance sheet · halal screening

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock — Q1 2026

Source: SEC Form 10-Q filed 2026-03-31 · via FMP · USD millions · Open filing

Assets

Current Assets
Cash & cash equivalents①
$2,207
Marketable securities①
$0
Accounts receivable
$122
Inventories
$0
Other current assets
$62
Total current assets
$2,391
Non-current Assets
Property, plant & equipment, net②tangible
$87
Operating lease right-of-use assets②tangible
$0
Long-term marketable securities①
$0
Goodwill
$0
Intangible assets, net
$51,650
Other non-current assets
$136
Total non-current assets
$51,872
TOTAL ASSETS
$54,269
CHECK ①

Cash + Securities Ratio

under AAOIFI
8.3%
✓ PASS
Threshold≤ 30%Buffer21.7 percentage points to spare
Breach risk
Comfortable
0%← Pass zone | Fail zone →45%
Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.
SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities
Accounts payable
$45
Other current liabilities
$34
Deferred revenue
$231
Commercial paper③interest-bearing
$0
Short-term debt③interest-bearing
$31
Total current liabilities
$341
Non-current Liabilities
Long-term debt③interest-bearing
$8,165
Other non-current liabilities
$5
Total non-current liabilities
$8,170
TOTAL LIABILITIES
$8,632
CHECK ③

Interest-bearing Debt Ratio

under AAOIFI
30.8%
✗ FAIL
Threshold≤ 30%Shortfall0.8 percentage points over the limit
Breach risk
Breached
0%← Pass zone | Fail zone →45%
Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.
SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue
$490
Of which:
Product & services revenue
$490
Interest income④non-permissible
$0
CHECK ④

Non-permissible Income Ratio

under AAOIFI
0.0%
✓ PASS
Threshold≤ 5%Buffer5.0 percentage points to spare
Breach risk
Comfortable
0%← Pass zone | Fail zone →8%
Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.
SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6
Final verdict — under AAOIFI Standard
Not halal

Sector check passes: ✓ yes

Want to verify against the primary document? Open full SEC filing
Back to STRC verdict
HalalGauge — halal investing, calibrated to your conscience.