Root Inc ROOT
$55.79 $1.62 (2.82%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
Pricing for US stocks is delayed by 24 hours
ROOT Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Root Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Root Inc. Stock Analysis ROOT
United States Financials Small Cap Root, Inc. is a technology insurance company, which engages in the provision of insurance services. The company is headquartered in Columbus, Ohio and currently employs 1,256 full-time employees. The company went IPO on 2020-10-28. The company provides direct-to-consumer insurance products to customers. The company offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The company primarily reaches customers through two channels: direct and partnership. The direct channel drives volume for high-intent customers, meeting customers on platforms that they use, such as search engines or select marketplace platforms, while actively shopping for insurance. The partnership channel provides differentiated access to high-intent customers, primarily in the automotive, financial services, and independent agent sectors. The company provides automobile and renters insurance products primarily through its websites, mobile app, and partnership channel, including its embedded insurance product and its independent agent platform. The company utilizes its platform to gather customer data in order to determine whether or not to write and how to price its insurance products.
Root Inc (ROOT) Chart
Financial Metrics & Statements of Root Inc (ROOT)
FAQ's for Root Inc (ROOT)
- As of August 2026, Root Inc ROOT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Root Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Root 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 Root 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 Root 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 Root Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Root Inc (ROOT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
 Maase Inc MAAS | $15.63 | 0.03% | $7.46B | Unlock | |
 Kingsway Corp KWY | $10.42 | 3.89% | $284.10M | Unlock | |
 QDM International Inc QDMI | $5.50 | 0.00% | $47.50M | Unlock |