Is SmartRent, Inc. (SMRT) Halal?

NYSE Technology United States $284M
✗ NOT HALAL
Confidence: 90/100
SmartRent, Inc. (SMRT) is Not Halal under AAOIFI Standard 21. While the debt ratio of 2.1% is acceptable, the cash and interest-bearing securities ratio of 42.5% exceeds the 30% threshold. SmartRent, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2.1%
/ 30%
42.5%
/ 30%
17.7%
/ 30%
4.71%
/ 5%
✗ NOT HALAL
DJIM 2.1%
/ 33%
42.5%
/ 33%
17.7%
/ 33%
4.71%
/ 5%
✗ NOT HALAL
MSCI 1.7%
/ 33%
33.9%
/ 33%
14.1%
/ 33%
4.71%
/ 5%
✗ NOT HALAL
S&P 2.1%
/ 33%
42.5%
/ 33%
17.7%
/ 33%
4.71%
/ 5%
✗ NOT HALAL
FTSE 1.7%
/ 33%
33.9%
/ 33%
14.1%
/ 50%
4.71%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.32
P/B Ratio
1.2
EV/EBITDA
-6.3
EV: $187M
Revenue
$152M
Growth: 3.1%
Beta
1.8
High volatility
Current Ratio
3.1

Profitability

Gross Margin 32.7%
Operating Margin 3.2%
Net Margin -39.8%
Return on Equity (ROE) -23.2%
Return on Assets (ROA) -5.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$22M
Free Cash Flow-$30M
Total Debt$6M
Debt-to-Equity3.0
Current Ratio3.1
Total Assets$321M

Price & Trading

Last Close$1.53
50-Day MA$1.67
200-Day MA$1.50
Avg Volume1.2M
Beta1.8
52-Week Range
$0.67
$2.20

About SmartRent, Inc. (SMRT)

CEO
Mr. Frank D. Martell
Employees
418
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap
$284M
Currency
USD

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, community and resident Wi-Fi, asset protection and monitoring, and self-guided tours. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Phoenix, Arizona.

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Frequently Asked Questions

Is SmartRent, Inc. (SMRT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SmartRent, 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 SmartRent, Inc.'s debt ratio?

SmartRent, Inc.'s debt ratio is 2.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 1.7%.

What are SmartRent, Inc.'s key financial metrics?

SmartRent, Inc. has a market capitalization of $284M, and revenue of $152M. The company maintains a gross margin of 32.7% and a net margin of -39.8%. Return on equity stands at -23.2%.

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.