Reading International, Inc.

RDI: Is Reading International, Inc. Halal?

Reading International, Inc.

NASDAQCommunication ServicesUS

$1.93

+6.04%

Market Cap: 67.5M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Reading International, Inc. (RDI) halal? Not Halal. Based on AAOIFI screening, Reading International, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

274.2% of 30.0% limit

What this means for you

Most scholars advise not holding RDI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Reading International, Inc.

Reading International, Inc. (RDI) is an enterprise primarily involved in the ownership, expansion, and management of both entertainment venues and property holdings across the United States, Australia, and New Zealand. The company operates through two main divisions: Cinema Exhibition and Real Estate. Its Cinema Exhibition segment oversees numerous multiplex movie theaters, operating under banners such as Reading Cinemas, Angelika Film Center, Consolidated Theatres, State Cinema, Event Cinemas, and Rialto Cinemas. The Real Estate division focuses on developing, leasing, or licensing various retail, commercial, and live performance venues. As of December 31, 2020, Reading International's extensive portfolio included direct ownership of 63 cinemas, collectively offering around 515 screens, along with two live theaters. Its real estate holdings further encompassed the 44 Union Square property, a Manhattan cinema, two cinemas in Australia, three in New Zealand, entertainment-themed complexes, two office buildings, and roughly 8.9 million square feet of developed and undeveloped land. Established in 1999, the company's corporate headquarters are situated in New York, New York.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Entertainment: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Reading International, Inc. (RDI) halal to invest in?
Reading International, Inc. (RDI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Reading International, Inc. get a F compliance rating?
Reading International, Inc. (RDI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 274.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Reading International, Inc.'s Shariah verdict?
Reading International, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Reading International, Inc. re-screened for Shariah compliance?
Reading International, Inc. (RDI) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.