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Shariah compliance overview

Not Halal

Robinhood Markets, Inc. (HOOD) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Robinhood Markets, Inc.

Robinhood Markets, Inc. operates a financial services platform available to users throughout the United States.

Robinhood Markets, Inc. (HOOD) operates in the Financial Services sector, in the Financial - Capital Markets industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
30.81%Limit 5%Fail
Interest-bearing debt
19.83%Limit 30%Pass
Interest-bearing securities and assets
17.83%Limit 30%Pass
Dividend purification
28.05%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Robinhood Markets, Inc. (HOOD). Current Akinda screening label: Not Halal.