SMRTNot HalalF
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Compliance Status

Not Halal

Screened on Oct 15, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates SmartRent, Inc. (SMRT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/SMRT

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%.

2.4% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding SMRT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

SmartRent, Inc.

SMRT: Is SmartRent, Inc. Halal?

SmartRent, Inc.

NYSETechnologyUS

$1.14

Market Cap: 218.4M

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About SmartRent, Inc.

SmartRent, Inc. is an enterprise software company that furnishes a unified smart home platform throughout the United States. This system serves a wide array of clients, including residential property management companies and operators, home builders, institutional real estate investors, developers, and the occupants themselves. The company's technology is engineered to grant residential communities improved insight and command over their properties, while simultaneously fostering cost reductions and new revenue streams. For residents, the solution centralizes all home control features into one user-friendly interface. SmartRent's extensive range of products and services includes smart apartments and residences, advanced access control for structures, shared amenities, and individual units, as well as property monitoring and protection. Further offerings extend to parking management, automated self-guided property tours, and dedicated Wi-Fi connectivity for both communities and their inhabitants. Additionally, SmartRent delivers full-suite professional services, covering essential training, efficient installation, and continuous support for its clientele. The company, founded in 2017, is based in Scottsdale, Arizona.

Sector: Technology · Industry: Software - Application

Why this does not pass

  • 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 Oct 15, 2026

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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.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 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:

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Frequently Asked Questions

Is SmartRent, Inc. (SMRT) halal to invest in?
SmartRent, Inc. (SMRT) 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 SmartRent, Inc. get a F compliance rating?
SmartRent, Inc. (SMRT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SmartRent, Inc.'s Shariah verdict?
SmartRent, 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 SmartRent, Inc. re-screened for Shariah compliance?
SmartRent, Inc. (SMRT) 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: Oct 15, 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.