Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
RADCQ Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: May 01, 2024
Report Source: 2024 2nd Quarter Report
Rite Aid Corp. Stock Analysis RADCQ
United States Consumer Discretionary Nano Cap Report: Rite Aid is a drugstore chain that offers prescription medications, over-the-counter drugs, and health and wellness products. The company is headquartered in Philadelphia, Pennsylvania and currently employs 47,000 full-time employees. The firm meets customer needs with a range of solutions that offer convenience, including retail and delivery pharmacy, as well as services offered through its wholly owned subsidiaries Health Dialog Services Corporation (Health Dialog) and Bartell Drug Company (Bartell Drugs). Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs supports the health and wellness needs in the Seattle area. Its Retail Pharmacy segment’s primary business is the sale of prescription drugs and related consultation to its customers. Additionally, the Retail Pharmacy segment sells a full selection of health and beauty aids and personal care products, seasonal merchandise, and a large private brand product line. The firm operates more than 1,700 retail pharmacy locations across 16 states.
Read More Rite Aid Corp (RADCQ) Chart
Key Statistics of Rite Aid Corp (RADCQ)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.00Volume
663.00P/E Ratio (TTM)
-52 Week Range
Market Cap
560.00KAvg. Volume
28.94KDividend Yield
-Financial Metrics & Statements of Rite Aid Corp (RADCQ)
FAQ's for Rite Aid Corp (RADCQ)
- According to Musaffa’s Shariah screening methodology, Rite Aid Corp (RADCQ) is currently classified as NOT HALAL as of May 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Rite Aid Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Rite Aid Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Rite Aid Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Rite Aid Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Rite Aid Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.