Is RGTI (Rigetti Computing, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, RGTI is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in RGTI.

Rigetti Computing, Inc. is a pioneer in the emerging field of quantum computing, operating as a full-stack integrated systems company. Based in Berkeley, California, they design and manufacture superconducting quantum processors and integrate these machines into public and private clouds via their Quantum Cloud Services platform. Their work focuses on solving complex computational problems that traditional classical computers cannot handle, positioning them at the cutting edge of hardware technology. For Muslim investors using HalalStocks.co.uk, Rigetti currently presents a compliance challenge, resulting in a 'Doubtful' status. Although the company passes the business activity screen—since building computers is inherently permissible—it fails a critical financial ratio . Specifically, the company's interest income represents a staggering 47.39% of its total revenue, which far exceeds the 5% tolerance threshold allowed under AAOIFI standards. From a financial health perspective, Rigetti shows some positive signs, such as extremely low leverage with a Debt-to-Market Cap ratio of just 0.2%. However, the primary concern for shariah-conscious investors is the high proportion of non-operating interest income, likely derived from holding large cash reserves in interest-bearing accounts while revenue from operations is still scaling. Until the company generates significantly more revenue from its actual quantum services to dilute this interest income, the stock remains non-compliant for strict adherence to Islamic finance principles . Rigetti Computing, Inc. operates in the Technology sector under the Computer Hardware industry and is headquartered in Berkeley, CA, US. The company is led by CEO Subodh K. Kulkarni and employs approximately 137 people.

RGTI was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. RGTI passed 3 of these 4 screens.

RGTI was last screened on 2026-02-25. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.