What is Rent the Runway, Inc.'s Shariah compliance score?

Rent the Runway, Inc. (RENT) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). 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 Rent the Runway, Inc. pass AAOIFI screening?

Rent the Runway, Inc. (RENT) does not pass 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%. RENT's debt-to-market-cap is 539.4%.

How much purification is needed for Rent the Runway, 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 Rent the Runway, Inc. (RENT) using the latest financial data.

Where can I screen Rent the Runway, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Rent the Runway, Inc. (RENT) 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.

RENTNot HalalF

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RENT: Is Rent the Runway, Inc. Halal?

Rent the Runway, Inc.

NASDAQConsumer CyclicalUS

$1.67

Market Cap: 56.1M

Screened on a market cap of 63.1M

Compliance Status

Not Halal

Screened on Sep 23, 2026 · AAOIFI Standard 21

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).

Quote this verdict

HalalScreener rates Rent the Runway, Inc. (RENT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 23, 2026. Source: https://halalscreener.app/en/stock/RENT

AvoidBorderlineClean

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%.

539.4% 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

Most scholars advise not holding RENT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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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

Why this does not pass

Interest-bearing debt is 539.4% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 23, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

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Institutional-grade Shariah analysis

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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

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

Halal Alternatives in Consumer Cyclical

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

0380.KLA+

Aquawalk Group Berhad

$0.14

+0.00%

0393.KLA+

Teamstar Berhad

$0.23

+0.00%

3573.KLA+

Lien Hoe Corporation Berhad

$0.10

+0.00%

3891.KLA+

Malayan United Industries Berhad

$0.05

+0.00%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.34

-0.03%

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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 539.4% (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: Sep 23, 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.