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RELY Shariah Compliance
Screening Methodology: AAOIFI
HALAL
Last Updated: May 12, 2026
Report Source: 2026 1st Quarter Report
Remitly Global Inc. Stock Analysis RELY
United States Financials Mid Cap Report: Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company is headquartered in Seattle, Washington and currently employs 3,200 full-time employees. The company went IPO on 2021-09-23. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The firm provides a digital cross-border remittance product that is accessible via its mobile app or the Web. The company offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The firm's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.
Read More Remitly Global Inc (RELY) Chart
Key Statistics of Remitly Global Inc (RELY)
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
$20.57Volume
2.64MP/E Ratio (TTM)
64.0452 Week Range
Market Cap
4.54BAvg. Volume
4.61MDividend Yield
-Financial Metrics & Statements of Remitly Global Inc (RELY)
FAQ's for Remitly Global Inc (RELY)
- According to Musaffa’s Shariah screening methodology, Remitly Global Inc (RELY) is currently classified as HALAL as of May 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Remitly Global Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Remitly Global 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.
- Musaffa determines the Shariah status of Remitly Global Inc 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 Remitly Global Inc 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 Remitly Global Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.