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AAOIFI No. 21 screening

Is RRC halal?

Range Resources Corporation

Halal

Range Resources Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 14 October 2026

Exchange

NYSE

Price

41.42

Day

-1.00%

Market cap

$9.82B

Industry

Oil & Gas E&P

Sector

Energy

What the company does

Range Resources is an independent natural-gas and NGL producer in the Appalachian Basin (Pennsylvania). Its money comes from gas sales.

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

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $867.09M ÷ 36-month average market cap $8.71B = 9.9%

    9.9%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $247K ÷ 36-month average market cap $8.71B = 0.0%

    0.0%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $4.90M ÷ annual revenue $2.99B (2025) = 0.2%

    0.2%

    Pass

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: $9.82B.

For information (AAOIFI 3/1 note): cash + receivables are 3.8% 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
Among halal stocks
0.01% · #432 of 1454

Superinvestors

SEC 13F, 2026 Q3. Up to 45 days delayed.

Held by 1 superinvestors · Average reported price: $37.19

Exited this quarter: Lee Ainslie

All superinvestor portfolios

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Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

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