What is Roadzen, Inc.'s Shariah compliance score?

Roadzen, Inc. (RDZN) has a Shariah compliance score of 83/100 (Grade: A, Very Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Roadzen, Inc. pass AAOIFI screening?

Roadzen, Inc. (RDZN) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. RDZN's debt-to-market-cap is 11.6%.

How much purification is needed for Roadzen, Inc.?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Roadzen, Inc. (RDZN) using the latest financial data.

Where can I screen Roadzen, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Roadzen, Inc. (RDZN) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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RDZN: Is Roadzen, Inc. Halal?

Roadzen, Inc.

NASDAQTechnologyUS

$1.40

Market Cap: 118.4M

Compliance Status

Halal

Screened on Sep 26, 2026 · AAOIFI Standard 21

Very Good

83Score

Is Roadzen, Inc. (RDZN) halal? Halal. Based on AAOIFI screening, Roadzen, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

Quote this verdict

HalalScreener rates Roadzen, Inc. (RDZN) Halal, 83/100, grade A under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/RDZN

AvoidBorderlineClean

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%.

11.6% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

What this means for you

You can own RDZN

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

Purification amount is Pro

We have screened RDZN's prohibited income, but the exact share you would need to purify is part of Pro.

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We re-screen Roadzen, Inc. daily. If the verdict moves, you hear about it the same day.

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About Roadzen, Inc.

Roadzen, Inc. delivers an online, on-demand roadside assistance service throughout India, supported by an extensive network of towing and vehicle repair professionals. The company's advanced software suite equips insurance providers and automotive manufacturers with tools for seamless real-time customer interaction, expedited claims processing, and more accurate risk underwriting. Its direct service offerings cover a variety of common roadside emergencies, including vehicle towing and recovery, battery jump-starts, flat tire changes, assistance with locked-out vehicles or lost keys, fuel delivery, and general emergency support. Founded in 2015, Roadzen, Inc. maintains its headquarters in New Delhi, India.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 26, 2026

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The verdict above is final and free. Pro members can verify every ratio behind it: interest-bearing deposits, prohibited income breakdown, and the full math.

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Institutional-grade Shariah analysis

See why RDZN is rated Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Roadzen, Inc. (RDZN) halal to invest in?

Based on AAOIFI Standard 21 screening, Roadzen, Inc. (RDZN) 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 Roadzen, Inc. get a A compliance rating?

Roadzen, Inc. (RDZN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Roadzen, Inc.'s Shariah verdict?

Roadzen, 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 Roadzen, Inc. re-screened for Shariah compliance?

Roadzen, Inc. (RDZN) 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: Sep 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.