Is Sportradar (SRAD) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Sportradar Group AG (SRAD) does not meet the threshold for the non-permissible income screen as of September 2026, so it is not Shariah compliant.
Sportradar is a leading company specializing in sports data and digital content solutions. Its primary function is to provide comprehensive data-driven insights and services to bookmakers, media companies, sports federations, and state authorities. Sportradar aggregates and analyzes sports data, delivering real-time data feeds, predictive analytics, and unique sports content that enhances user engagement and operational efficiencies. For Muslim investors, though, the most pressing question is simpler: is Sportradar a Halal investment?
Is Sportradar Shariah compliant?
Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like Sportradar the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.
Does Sportradar pass the business activity test?
The activity screen is only part of the picture this month: Sportradar currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is Sportradar's income Halal?
No. Sportradar's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Sportradar meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has SRAD re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing



