Ranpak Holdings Corp.

PACK: Is Ranpak Holdings Corp. Halal?

Ranpak Holdings Corp.

NYSEConsumer CyclicalUS

$6.90

-1.15%

Market Cap: 590.3M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Ranpak Holdings Corp. (PACK) halal? Not Halal. Based on AAOIFI screening, Ranpak Holdings Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

68.1% of 30.0% limit

What this means for you

Most scholars advise not holding PACK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Ranpak Holdings Corp.

Ranpak Holdings Corp., established in 1972 and headquartered in Concord Township, Ohio, specializes in crafting product protection solutions for both e-commerce and industrial logistics across North America, Europe, and Asia. The company offers a comprehensive range of protective packaging systems, primarily utilizing paper. These include FillPak, which converts paper into void-fill materials to secure items and occupy empty space within secondary packaging; PadPak, a system for transforming paper into cushioning pads; and the WrapPak, Geami, and ReadyRoll brands, which generate paper pads or mesh for wrapping delicate goods, lining boxes, and separating various items during shipment. Additionally, Ranpak provides automation products designed to streamline the void-filling and box closure processes after products have been packed. The company distributes its innovative offerings mainly through an extensive network of partners, alongside direct sales to select large-volume clients.

Sector: Consumer Cyclical · Industry: Packaging & Containers

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Ranpak Holdings Corp. (PACK) halal to invest in?
Ranpak Holdings Corp. (PACK) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Ranpak Holdings Corp. get a F compliance rating?
Ranpak Holdings Corp. (PACK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 68.1% (limit 30%); interest-bearing deposits of 10.7% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Ranpak Holdings Corp.'s Shariah verdict?
Ranpak Holdings Corp.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Ranpak Holdings Corp. re-screened for Shariah compliance?
Ranpak Holdings Corp. (PACK) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.