Is Ridgetech Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Ridgetech Inc (RDGT) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Ridgetech Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Ridgetech Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Ridgetech Inc?

Muslim investors may consider investing in Ridgetech Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Ridgetech Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Ridgetech Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Ridgetech Inc updated?

The Shariah compliance status of Ridgetech Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Ridgetech Inc become non-compliant?

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.

Where can I check the Shariah status of Ridgetech Inc?

You can check the latest Shariah compliance status of Ridgetech Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

RDGT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 29, 2026

Report Source: 2026 2nd Quarter Report

Ridgetech Inc. Stock Analysis RDGT

United States Consumer Discretionary Nano Cap Report: Q2, 2026

Ridgetech, Inc. engages in retailing and distributing pharmaceutical and other healthcare products. The company is headquartered in Hangzhou, Zhejiang and currently employs 61 full-time employees. The company went IPO on 2008-04-14. The firm operates in four business segments. The Retail Drugstores segment sells prescription and over the counter (OTC) medicines, traditional Chinese medicine (TCM), dietary supplements, medical devices, and sundry items to retail customers. The Online Pharmacy segment sells OTC drugs, dietary supplements, medical devices and sundry items through its own and third-party platforms. The Wholesale Business segment includes supplying the Company's own retail drugstores and selling them to other drug vendors and hospitals. The Farming and Selling Herbs segment cultivates selected herbs for sales to other drug vendors.

Key Statistics of Ridgetech Inc (RDGT)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$1.32$1.42

Today's Open

$1.38

Volume

115.94K

P/E Ratio (TTM)

0.13

52 Week Range

$1.21$760.50

Market Cap

1.24M

Avg. Volume

179.67K

Dividend Yield

Financial Metrics & Statements of Ridgetech Inc (RDGT)

FAQ's for Ridgetech Inc (RDGT)

According to Musaffa’s Shariah screening methodology, Ridgetech Inc (RDGT) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.