Rent the Runway, Inc.

RENT: Is Rent the Runway, Inc. Halal?

Rent the Runway, Inc.

NASDAQConsumer CyclicalUS

$3.60

-1.24%

Market Cap: 120.7M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Rent the Runway, Inc. (RENT) halal? Not Halal. Based on AAOIFI screening, Rent the Runway, 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%.

275.2% of 30.0% limit

What this means for you

Most scholars advise not holding RENT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Rent the Runway, Inc.

Rent the Runway, Inc. operates a service that leases premium women's fashion and apparel. Customers can access these offerings through the company's online platform and its physical retail locations. Their extensive inventory spans a broad spectrum of clothing categories, including everyday ready-to-wear, professional workwear, denim, casual attire, maternity clothes, outerwear, blouses, knitwear, loungewear, activewear, ski wear, evening wear, and even children's clothing. Additionally, the selection features various accessories like jewelry and handbags, and extends to home goods. Beyond its primary rental operations, the company is also involved in software development and support. Rent the Runway was founded in 2009 and is based in Brooklyn, New York.

Sector: Consumer Cyclical · Industry: Apparel - Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

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: Q1 2026Data source: FMP

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Rent the Runway, Inc. (RENT) halal to invest in?
Rent the Runway, Inc. (RENT) 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 Rent the Runway, Inc. get a F compliance rating?
Rent the Runway, Inc. (RENT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 275.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Rent the Runway, Inc.'s Shariah verdict?
Rent the Runway, 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 Rent the Runway, Inc. re-screened for Shariah compliance?
Rent the Runway, Inc. (RENT) 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 12, 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.