What is Algorhythm Holdings, Inc.'s Shariah compliance score?

Algorhythm Holdings, Inc.'s (RIME) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Algorhythm Holdings, Inc. pass AAOIFI screening?

Algorhythm Holdings, Inc. (RIME) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (RIME: 1578.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Algorhythm Holdings, Inc. stock?

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 exact percentage and amount for Algorhythm Holdings, Inc. (RIME) using the latest financial data.

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Algorhythm Holdings, Inc. (RIME) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about RIME's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RIME: Is Algorhythm Holdings, Inc. Halal?

Algorhythm Holdings, Inc.

NASDAQTechnologyUS

$0.29

-10.30%

Market Cap: 722.5K

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

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%.

1578.1% of 30.0% limit

What this means for you

Most scholars advise not holding RIME

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Algorhythm Holdings, Inc.

Algorhythm Holdings, Inc., along with its affiliated companies, operates globally in the consumer entertainment sector, specializing in karaoke. The company is responsible for designing, marketing, and distributing a range of audio equipment, accompanying accessories, and musical recordings. Its market presence spans North America, Australia, the United Kingdom, Europe, and other international territories. The company's diverse product lineup includes its flagship "Singing Machine" karaoke devices, licensed "Carpool Karaoke" microphone products, and the "Party Machine" brand for various microphones and portable Bluetooth options. They also offer "Singing Machine Kids" entertainment systems tailored for children and innovative connected vehicle karaoke devices. Beyond hardware, Algorhythm Holdings provides digital music services, including subscription access for iOS and Android platforms, a dedicated web download store, and integrated streaming capabilities for its devices. Their sales model primarily targets a broad spectrum of retailers, encompassing major national chains, warehouse clubs, department stores, lifestyle boutiques, specialty outlets, and direct-to-consumer channels via catalogs and showrooms. Originally incorporated in 1982 as The Singing Machine Company, Inc., the firm rebranded to Algorhythm Holdings, Inc. in September 2024. Its corporate headquarters are located in Fort Lauderdale, Florida.

Sector: Technology · Industry: Consumer Electronics

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

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

BVCA+

BitVentures Limited

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Willowglen MSC Bhd

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IRIS Corporation Bhd

$0.22

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0023.KLA+

IFCA MSC Bhd

$0.22

+0.00%

0036.KLA+

Key Alliance Group Bhd

$0.07

+0.00%

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ADBE

Adobe Inc.

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Frequently Asked Questions

Is Algorhythm Holdings, Inc. (RIME) halal to invest in?

Algorhythm Holdings, Inc. (RIME) 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 Algorhythm Holdings, Inc. get a F compliance rating?

Algorhythm Holdings, Inc. (RIME) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1578.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Algorhythm Holdings, Inc.'s Shariah verdict?

Algorhythm Holdings, 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 Algorhythm Holdings, Inc. re-screened for Shariah compliance?

Algorhythm Holdings, Inc. (RIME) 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.