Is Red Violet, Inc. RDVT stock halal to invest in?

Yes, as of August 2026, Red Violet, Inc. stock (RDVT) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Red Violet, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 98.69%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Red Violet, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Red Violet, Inc. RDVT reviewed for Shariah compliance?

Tabadulat reviews Red Violet, Inc. RDVT for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Red Violet, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Red Violet, Inc. RDVT pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Red Violet, Inc. stock (RDVT) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Red Violet, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Red Violet, Inc. RDVT pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Red Violet, Inc. stock (RDVT) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Red Violet, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Red Violet, Inc. RDVT pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Red Violet, Inc. stock (RDVT) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Red Violet, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Red Violet, Inc. RDVT stock?

As of August 2026, the dividend purification factor for Red Violet, Inc. (RDVT) is 98.69%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Red Violet, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Red Violet, Inc. RDVT pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Red Violet, Inc. stock (RDVT) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Red Violet, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Red Violet, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

RDVT

About

Red Violet, Inc.

RDVT

Red Violet Inc. is an advanced data and analytics company that specializes in providing identity solution services. Its primary aim is to offer innovative technology and insights, enabling businesses across various sectors to enhance their decision-making processes. Red Violet’s proprietary technology platform integrates expansive data sets with algorithmic intelligence to deliver actionable information tailored for identity verification, fraud prevention, and risk management. It serves industries such as financial services, insurance, healthcare, and government by offering products that help detect fraudulent activities, authenticate identities, and improve compliance measures. With a commitment to data security and accuracy, Red Violet plays a critical role in safeguarding transactions and interactions in a digitally-driven market. This company underscores the importance of leveraging data analytics to address modern challenges in identity verification and fraud detection, making it pivotal in sectors where accurate identity solutions are imperative for operational efficiency and security.

Sector:

Technology

Industry:

Software - Application

Employees:

215

Website:

https://www.redviolet.com

RDVT

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Red Violet, Inc.

About

Red Violet, Inc.

RDVT

Frequently asked questions

Is Red Violet, Inc. RDVT stock halal to invest in?

How often is Red Violet, Inc. RDVT reviewed for Shariah compliance?

Does Red Violet, Inc. RDVT pass the AAOIFI Non Permissible Income criteria?

Does Red Violet, Inc. RDVT pass the AAOIFI Interest Bearing Investments criteria?

Does Red Violet, Inc. RDVT pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Red Violet, Inc. RDVT stock?

Does Red Violet, Inc. RDVT pass the AAOIFI Preference Share screen?

How do I buy Red Violet (RDVT) stock?

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