Is RENN Fund, Inc. (RCG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -39.9% | |
| Net Margin | 242.4% | |
| Return on Equity (ROE) | 4.1% | |
| Return on Assets (ROA) | 0.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Current Ratio | 0.4 |
| Total Assets | $20M |
Price & Trading
| Last Close | $3.28 |
| 50-Day MA | $2.89 |
| 200-Day MA | $2.68 |
| Avg Volume | 12K |
| Beta | 0.4 |
|
52-Week Range
$2.11
| |
About RENN Fund, Inc. (RCG)
RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States.
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Frequently Asked Questions
Is RENN Fund, Inc. (RCG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), RENN Fund, 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 RENN Fund, Inc.'s debt ratio?
RENN Fund, 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 RENN Fund, Inc.'s key financial metrics?
RENN Fund, Inc. has a market capitalization of $23M, trailing P/E ratio of 29.5, and revenue of $1M. The company maintains a gross margin of 100.0% and a net margin of 242.4%. Return on equity stands at 4.1%.
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.