Is Radware Ltd. (RDWR) halal? Doubtful. Based on AAOIFI screening, Radware Ltd. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 58/100 (Grade: C+).

Radware Ltd.

RDWR: Is Radware Ltd. Halal?

Doubtful

Radware Ltd.

NASDAQTechnologyIL

$29.11

+2.14%

Purify ~4.9% of income

About Radware Ltd.

Radware Ltd. and its affiliated companies are dedicated to the development, production, and distribution of advanced cybersecurity and application management tools. These sophisticated solutions cater to applications hosted across global cloud infrastructures, traditional physical data centers, and modern software-defined environments. The company's security offerings encompass DefensePro for immediate network attack defense, AppWall serving as a Web Application Firewall (WAF), and the Radware Kubernetes WAF, specifically engineered for WAF protection within Kubernetes-orchestrated CI/CD pipelines. Additionally, DefenseFlow provides comprehensive cyber command and control capabilities. In terms of application delivery, Radware supplies Alteon, an application delivery controller and load balancer essential for web, cloud, and mobile applications, alongside LinkProof NG, a multi-homing and enterprise gateway ensuring robust connectivity for both on-premise and cloud-based applications. Radware further enhances its portfolio with specialized subscriptions and services. These include a Security Updates Subscription, designed to shield network elements, hosts, and applications from emerging threats and vulnerabilities. The ERT Active Attackers Feed offers clients critical intelligence regarding attack sources recently involved in DDoS and web attacks. The Alteon Global Elastic License provides adaptable ADC services across diverse private, public cloud, and data center environments. For monitoring, APSolute Vision serves as a network surveillance tool for cybersecurity and application delivery solutions, while the MSSP Portal streamlines DDoS detection and mitigation services. Moreover, clients can access Radware's Cloud DDoS Protection Service, delivering top-tier distributed denial-of-service defense via the cloud. Complementing these products, the company offers a full spectrum of customer support, including technical assistance, professional services, managed services, and various training and certification programs. Radware's products are primarily sold through independent distributors, such as value-added resellers (VARs), original equipment manufacturers (OEMs), and system integrators (SIs). Established in 1996, Radware Ltd. is headquartered in Tel Aviv, Israel.

Sector: Technology 路 Industry: Software - Infrastructure

Why This Stock Is Doubtful

  • Non-compliant income is 4.9% of revenue, only 0.1 points below the 5% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
C+

Fair

Some financial ratios approaching limits

58Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap1.4% / 30.0%

Compliance History

Doubtful, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: FY 2025Source: FMP

Purify Your RDWR Dividends

4.9% non-compliant income

RDWR has 4.9% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

1.3B

Price

$29.11

Sector

Technology

Industry

Software - Infrastructure

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Frequently Asked Questions

Is Radware Ltd. (RDWR) halal to invest in?
Radware Ltd. (RDWR) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Radware Ltd. get a C+ compliance rating?
Radware Ltd. (RDWR) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.4% (limit 30%); interest-bearing deposits of 20.5% (limit 30%); prohibited income of 4.86% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Radware Ltd.'s Shariah verdict?
Radware Ltd.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Radware Ltd. re-screened for Shariah compliance?
Radware Ltd. (RDWR) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.