Is Riot Platforms, Inc. (RIOT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 37.9% | |
| Operating Margin | -424.7% | |
| Net Margin | -102.4% | |
| Return on Equity (ROE) | -22.1% | |
| Return on Assets (ROA) | -8.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$573M |
| Free Cash Flow | -$1.1B |
| Total Debt | $867M |
| Debt-to-Equity | 30.3 |
| Current Ratio | 1.0 |
| Total Assets | $3.9B |
Price & Trading
| Last Close | $14.01 |
| 50-Day MA | $15.43 |
| 200-Day MA | $15.12 |
| Avg Volume | 18.6M |
| Beta | 3.5 |
|
52-Week Range
$6.19
| |
About Riot Platforms, Inc. (RIOT)
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.
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Frequently Asked Questions
Is Riot Platforms, Inc. (RIOT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Riot Platforms, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Riot Platforms, Inc.'s debt ratio?
Riot Platforms, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Riot Platforms, Inc.'s key financial metrics?
Riot Platforms, Inc. has a market capitalization of $4.9B, and revenue of $647M. The company maintains a gross margin of 37.9% and a net margin of -102.4%. Return on equity stands at -22.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.