Is RingCentral, Inc. (RNG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 35.8% / 30% | 3.7% / 30% | 10.7% / 30% | 0.16% / 5% | ✗ NOT HALAL |
| DJIM | 35.8% / 33% | 3.7% / 33% | 10.7% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| MSCI | 87.0% / 33% | 8.9% / 33% | 25.9% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| S&P | 35.8% / 33% | 3.7% / 33% | 10.7% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| FTSE | 87.0% / 33% | 8.9% / 33% | 25.9% / 50% | 0.16% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 71.2% | |
| Operating Margin | 6.8% | |
| Net Margin | 1.7% | |
| Return on Assets (ROA) | 5.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $617M |
| Free Cash Flow | $530M |
| Total Debt | $1.3B |
| Current Ratio | 0.6 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $37.52 |
| 50-Day MA | $32.65 |
| 200-Day MA | $29.65 |
| Avg Volume | 2.5M |
| Beta | 1.2 |
|
52-Week Range
$20.59
| |
About RingCentral, Inc. (RNG)
RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.
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Frequently Asked Questions
Is RingCentral, Inc. (RNG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), RingCentral, 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 RingCentral, Inc.'s debt ratio?
RingCentral, Inc.'s debt ratio is 35.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 87.0%.
What are RingCentral, Inc.'s key financial metrics?
RingCentral, Inc. has a market capitalization of $3.0B, trailing P/E ratio of 73.7, and revenue of $2.5B. The company maintains a gross margin of 71.2% and a net margin of 1.7%.
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.