Is Rackspace Technology, Inc. (RXT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 646.3% / 30% | 28.4% / 30% | 58.8% / 30% | 22.26% / 5% | ✗ NOT HALAL |
| DJIM | 646.3% / 33% | 28.4% / 33% | 58.8% / 33% | 22.26% / 5% | ✗ NOT HALAL |
| MSCI | 107.5% / 33% | 4.7% / 33% | 9.8% / 33% | 22.26% / 5% | ✗ NOT HALAL |
| S&P | 646.3% / 33% | 28.4% / 33% | 58.8% / 33% | 22.26% / 5% | ✗ NOT HALAL |
| FTSE | 107.5% / 33% | 4.7% / 33% | 9.8% / 50% | 22.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.2% | |
| Operating Margin | -0.8% | |
| Net Margin | -8.4% | |
| Return on Assets (ROA) | -1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $151M |
| Free Cash Flow | $91M |
| Total Debt | $3.2B |
| Current Ratio | 0.7 |
| Total Assets | $2.8B |
Price & Trading
| Last Close | $1.16 |
| 50-Day MA | $1.26 |
| 200-Day MA | $1.28 |
| Avg Volume | 24.8M |
| Beta | 1.8 |
|
52-Week Range
$0.39
| |
About Rackspace Technology, Inc. (RXT)
Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as well as an email platform for customers and carriers. It also provides a cloud platform that offers platform-related services, including cloud strategy and architecture, platform and infrastructure migrations, and modern cloud infrastructure; cloud apps that build and manage applications within a cloud technology stack; and cloud data, which helps accelerate the adoption of modern data solutions enabling business transformation. In addition, the company offers cloud security that provides security solutions in security threat assessment and prevention; proactive threat detection and response; rapid remediation; governance, risk, and compliance assistance across multiple cloud platforms; and privacy and data protection services, including detailed access restrictions and reporting. Further, it provides Rackspace AI, a portfolio of AI services and solutions to help organizations scale AI, as well as multi-cloud strategy, data and application modernization, cloud adoption, cloud-native enablement, SaaS lifecycle management, and data management services. The company serves the financial services, government, healthcare, manufacturing, non-profit, education, SaaS and ISV, consumer goods, oil and gas, and other industries. The company was formerly known as Rackspace Corp. and changed its name to Rackspace Technology, Inc. in June 2020. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
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Frequently Asked Questions
Is Rackspace Technology, Inc. (RXT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Rackspace Technology, 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 Rackspace Technology, Inc.'s debt ratio?
Rackspace Technology, Inc.'s debt ratio is 646.3% 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 107.5%.
What are Rackspace Technology, Inc.'s key financial metrics?
Rackspace Technology, Inc. has a market capitalization of $259M, and revenue of $2.7B. The company maintains a gross margin of 19.2% and a net margin of -8.4%.
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.