Is Ryde Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ryde Group Ltd (RYDE) is currently classified as DOUBTFUL as of December 2025. 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 Ryde Group Ltd 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 Ryde Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ryde Group Ltd?

Muslim investors may consider investing in Ryde Group Ltd 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 Ryde Group Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Ryde Group Ltd 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 Ryde Group Ltd updated?

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

Can a halal stock like Ryde Group Ltd 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 Ryde Group Ltd?

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

RYDE Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: December 05, 2025

Report Source: 2025 2nd Quarter Report

Ryde Group Ltd. Stock Analysis RYDE

United States Industrials Micro Cap Report: Q2, 2025

Ryde Group Ltd. is an emerging growth company. The company employs 25 full-time employees The company went IPO on 2024-03-06. The Company, through its subsidiaries, provides mobility and quick commerce solutions to its consumers. The company is a technology-driven platform that offers mobility and quick commerce solutions to its consumers. The firm has two core businesses, namely mobility and quick commerce. Its mobility business segment provides flexible and scheduled carpooling and ride-hailing services, matching riders with its network of driver partners. Its ride-hailing services allow riders to determine the number of seats they require for the trip, and offers real-time, on-demand bookings as well as advance bookings and multi-stop options. Its different service offerings include RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, RydeHIRE, and RydeTAXI services. Its quick commerce business segment is a package delivery booking service, which enables driver partners to accept bookings for package delivery services through its driver partner app.

Key Statistics of Ryde Group Ltd (RYDE)

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

Today's Range

$0.94$0.99

Today's Open

$0.97

Volume

33.67K

P/E Ratio (TTM)

52 Week Range

$0.16$1.55

Market Cap

136.24M

Avg. Volume

621.80K

Dividend Yield

Financial Metrics & Statements of Ryde Group Ltd (RYDE)

FAQ's for Ryde Group Ltd (RYDE)

According to Musaffa’s Shariah screening methodology, Ryde Group Ltd (RYDE) is currently classified as DOUBTFUL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.