Red Violet, Inc.

RDVT: Is Red Violet, Inc. Halal?

Red Violet, Inc.

NASDAQTechnologyUS

$67.59

+0.67%

Market Cap: 953.6M

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

A

Very Good

88Score

Is Red Violet, Inc. (RDVT) halal? Halal. Based on AAOIFI screening, Red Violet, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 88/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.3% of 30.0% limit

What this means for you

You can own RDVT

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 1.6% of your income from RDVT

That is about $1.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Red Violet, Inc.

Red Violet, Inc. is a technology firm specializing in software and analytical services, leveraging its proprietary technology and advanced analytical prowess to deliver crucial identity intelligence solutions primarily within the United States. Among its flagship offerings is idiCORE, an investigative platform designed to tackle diverse corporate hurdles, including rigorous due diligence, proactive risk mitigation, robust identity verification, and adherence to regulatory mandates. Additionally, FOREWARN, an intuitive app-based tool, empowers professionals with immediate insights prior to in-person consumer interactions, thereby enabling them to promptly identify and reduce potential risks. Red Violet's client base spans a broad spectrum of industries, encompassing financial services, insurance, healthcare, retail, and telecommunications, alongside law enforcement bodies, government agencies, collections services, corporate security departments, and investigative organizations. Their solutions are instrumental in objectives such as comprehensive risk reduction, thorough due diligence, the prevention and detection of fraud, ensuring regulatory adherence, and facilitating strategic customer acquisition. The company employs a multi-faceted go-to-market strategy, engaging value-added distributors, resellers, and strategic alliances. Its promotional efforts include participation in trade shows and seminars, advertising campaigns, public relations initiatives, and the dissemination of sales collateral and product specifications. Furthermore, Red Violet maintains consistent engagement with prospective clients, channel partners, and its existing customer base, supplementing these efforts with direct sales activities. Established in 2017, Red Violet, Inc. maintains its corporate headquarters in Boca Raton, Florida.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Red Violet, Inc. (RDVT) halal to invest in?
Based on AAOIFI Standard 21 screening, Red Violet, Inc. (RDVT) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Red Violet, Inc. get a A compliance rating?
Red Violet, Inc. (RDVT) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.3% (limit 30%); interest-bearing deposits of 4.7% (limit 30%); prohibited income of 1.61% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Red Violet, Inc.'s Shariah verdict?
Red Violet, 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 Red Violet, Inc. re-screened for Shariah compliance?
Red Violet, Inc. (RDVT) 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: Jul 19, 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.