Robinhood Markets, Inc.

Halal Rating :
Comfortable
Last Price $54.3
Market Cap $48.23b
1D Change

4.97 %

1 Year Change

144.82 %

Next Earnings Date

Yet to be announced

Company Overview

Robinhood Markets, Inc. operates a financial services platform in the United States that allows users to invest in stocks, ETFs, options, and cryptocurrencies. The company primarily generates revenue through payment for order flow, premium subscription services, and cryptocurrency trading.

Revenue Sources

Pass

Robinhood's primary revenue streams come from payment for order flow (PFOF), cryptocurrency trading, and premium subscriptions. These activities involve the facilitation of asset trading where actual ownership transfer occurs. The company operates as a trading platform where both parties receive tangible value through the exchange of real assets. While the platform enables speculation, it does not constitute gambling as defined in Islamic finance since real asset exchanges occur.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $927.0m $557.0m - - 0.00% 0.00%
Dec. 31, 2024 $1.01b $458.0m - - 0.00% 0.00%
Sept. 30, 2024 $637.0m $486.0m - - 0.00% 0.00%
June 30, 2024 $682.0m $493.0m - - 0.00% 0.00%

Based on the financial data provided for the last four quarters, Robinhood Markets shows zero interest income and zero interest expense. This indicates that interest-based income or expense is not a material part of their business model.

Operational Ethics

Pass

After reviewing available information, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in the United States and has not been found to have material ties to the state of Israel or the Chinese Communist Party.

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