Red Cat Holdings, through its subsidiaries, provides various products, services, and solutions to the drone industry, offering commercial and government unmanned aerial vehicle technology for reconnaissance, public safety, and inspection applications. It also offers First Person View (FPV) video goggles, software and hardware solutions for drones to complete inspections without GPS, and sells FPV drones and equipment primarily to consumers. The company is based in San Juan, Puerto Rico.
Frequently asked questions
Is Red Cat Holdings (RCAT) stock halal to invest in?
As of , RCAT is not Shariah-compliant and is therefore not considered a halal investment. This assessment is based on the data available in Red Cat Holdings's most recent financial reports.
Does Red Cat Holdings have any interest income?
No, Red Cat Holdings has not reported any interest income. According to the company's latest annual
report for the fiscal year ending Dec 31, 2025, Red Cat Holdings reported total revenue
of 40729000, with no separate interest income disclosed. However,
it's worth noting that some companies may report interest income as part of their revenue. For a detailed
breakdown of all interest income and revenue segments, please refer to the full Shariah compliance
report available in the Zoya app.
What guidelines are used to determine if Red Cat Holdings stock is Shariah-compliant?
We use the guidelines set by the Accounting and Auditing Organization for Islamic Financial Institutions
(AAOIFI) to assess Shariah compliance. AAOIFI is a leading international organization that establishes
standards for Islamic finance. Their guidelines help determine if a company's business activities and
financial structure align with Islamic principles. These standards are widely respected in the Islamic
finance industry and provide a consistent framework for evaluating the Shariah compliance of stocks and
other financial instruments. AAOIFI's Shariah board includes renowned scholars such as Sheikh Muhammad
Taqi Usmani, Sheikh Mohamed Ali Elgari, Sheikh Abdullah AlManea, Sheikh Nizam Yaquby, and Dr. Aznan Hassan.
How often is Red Cat Holdings stock reviewed for Shariah compliance?
The Shariah compliance status of Red Cat Holdings stock is reviewed on a regular basis, with a minimum
frequency of once per quarter. However, if there are any significant changes or major developments
in the company's operations that may impact its compliance, an immediate review will be conducted to
ensure ongoing adherence to Shariah principles.
How can I stay updated on Red Cat Holdings's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within
the Zoya app to receive notifications whenever there is a change in the Shariah compliance of RCAT,
or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate
due to changes in a company's financial ratios or business activities.
Are dividends from Red Cat Holdings stock considered halal?
No, dividends from RCAT are not considered halal because the stock is currently not
Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered
impermissible income and should be donated to charity as a form of purification. To learn more about
the purification process and how to handle impermissible income, read
our comprehensive guide.
Do I need to pay Zakat on my Red Cat Holdings shares?
If you hold Red Cat Holdings stock as an investment, through an Employee Stock Ownership
Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and
meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on investments
can be complex and depends on various factors. To help make this easy, we've created a free
Zakat calculator for stocks. For a more
seamless experience, use the Zoya mobile app, where you can link your brokerage account to
automatically import holdings.
