Is Vroom, Inc. (VRM) Halal?

NASDAQ Financial Services United States $61M
✗ NOT HALAL
Confidence: 95/100
Vroom, Inc. (VRM) is Not Halal under AAOIFI Standard 21 due to its classification in the Credit Services industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Credit Services ✗ NOT HALAL
DJIM Excluded — Credit Services ✗ NOT HALAL
MSCI Excluded — Credit Services ✗ NOT HALAL
S&P Excluded — Credit Services ✗ NOT HALAL
FTSE Excluded — Credit Services ✗ NOT HALAL

Financial Highlights

EPS
$-10.43
P/B Ratio
0.5
EV/EBITDA
56.3
EV: $830M
Revenue
$12M
Growth: -9.3%
Current Ratio
2.4

Profitability

Gross Margin 66.2%
Operating Margin 8.9%
Net Margin -3.7%
Return on Equity (ROE) -20.9%
Return on Assets (ROA) 0.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$97M
Free Cash Flow-$101M
Total Debt$752M
Debt-to-Equity668.4
Current Ratio2.4
Total Assets$1.1B

Price & Trading

Last Close$12.35
50-Day MA$15.82
200-Day MA$22.99
Avg Volume8K
52-Week Range
$9.04
$41.36

About Vroom, Inc. (VRM)

CEO
Mr. Thomas H. Shortt
Employees
649
Sector
Financial Services
Industry
Credit Services
Country
United States
Exchange
NASDAQ
Market Cap
$61M
Currency
USD

Vroom, Inc., through its subsidiaries, operates as an automotive finance company. It offers vehicle financing to its customers through third party dealers under the UACC brand. The company also provides an artificial intelligence-powered analytics and digital services platform for automotive dealers, automotive financial services companies, and automotive industry. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. Vroom, Inc. was incorporated in 2012 and is based in Fort Worth, Texas.

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Frequently Asked Questions

Is Vroom, Inc. (VRM) halal to invest in?

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

Vroom, 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 Vroom, Inc.'s key financial metrics?

Vroom, Inc. has a market capitalization of $61M, and revenue of $12M. The company maintains a gross margin of 66.2% and a net margin of -3.7%. Return on equity stands at -20.9%.

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.