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AAOIFI No. 21 screening

Is RPC halal?

Ridgepost Capital, Inc.

Not halal

Ridgepost Capital, Inc. did not pass AAOIFI screening. The failed check is shown below.

Checked: 16 October 2026

Exchange

NYSE

Price

8.27

Day

+0.61%

Market cap

$912.8M

Industry

Asset Management

Sector

Financial Services

What the company does

Ridgepost Capital (formerly P10, renamed February 2026) is a private-markets manager: private-equity fund-of-funds, venture, private credit and impact-investing brands. Money comes from fees on managed capital.

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    Prohibited activity: Asset Management

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $490.94M ÷ 36-month average market cap $1.10B = 44.8%

    44.8%

    Fail

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $36.64M ÷ 36-month average market cap $1.10B = 3.3%

    3.3%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    —

    No data

Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $912.77M.

For information (AAOIFI 3/1 note): cash + receivables are 15.7% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500

Related articles

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This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.

Earnings historyRPC's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →