Ribbon Communications Inc.

RBBN: Is Ribbon Communications Inc. Halal?

Ribbon Communications Inc.

NASDAQTechnologyUS

$2.15

-1.83%

Market Cap: 378.7M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Ribbon Communications Inc. (RBBN) halal? Not Halal. Based on AAOIFI screening, Ribbon Communications Inc. 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%.

90.3% of 30.0% limit

What this means for you

Most scholars advise not holding RBBN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Ribbon Communications Inc.

Ribbon Communications Inc., established in 1997 and headquartered in Plano, Texas, is a global provider of advanced communication technology. Operating across the United States, Europe, the Middle East, Africa, and the Asia Pacific region, the company, formerly known as Sonus Networks, Inc. until its rebranding in November 2017, divides its operations into two primary segments: Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment delivers software and hardware products, along with comprehensive solutions designed to enable modern voice and collaboration services. These include Voice over Internet Protocol (VoIP), Voice over Long-Term Evolution (VoLTE), Voice over 5G (VoNR), and Unified Communications and Collaboration (UC&C). Additionally, it offers Session Border Controller (SBC) technology and various network transformation tools. This segment's offerings cater to diverse infrastructures, spanning private, public, and hybrid cloud environments, data centers, enterprise premises, and service provider networks, with flexible deployment options available in-network, on-premises, or through a telco cloud. The IP Optical Networks segment focuses on hardware and software solutions for IP networking, switching, routing, and optical transport. These capabilities are essential for facilitating next-generation technologies like 5G and distributed cloud computing, along with their associated applications. Its robust portfolio includes 5G-native solutions for mobile backhaul, metro and edge aggregation, core networking, data center interconnect, and transport services for wholesale carriers, alongside addressing legacy network termination requirements. This segment serves a wide array of clients, including service providers, enterprises, and specific industries such as utilities, government, defense, finance, transportation, education, and research. Furthermore, it provides sophisticated analytics platforms, including cloud-native and streaming analytics, to offer deep insights into network and subscriber behavior.

Sector: Technology · Industry: Software - Application

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 Technology

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 Ribbon Communications Inc. (RBBN) halal to invest in?
Ribbon Communications Inc. (RBBN) 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 Ribbon Communications Inc. get a F compliance rating?
Ribbon Communications Inc. (RBBN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 90.3% (limit 30%); interest-bearing deposits of 25.5% (limit 30%); prohibited income of 0.13% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Ribbon Communications Inc.'s Shariah verdict?
Ribbon Communications Inc.'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 Ribbon Communications Inc. re-screened for Shariah compliance?
Ribbon Communications Inc. (RBBN) 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.