What is Rogers Communications Inc.'s Shariah compliance score?

Rogers Communications Inc.'s (RCI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Rogers Communications Inc. pass AAOIFI screening?

Rogers Communications Inc. (RCI) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (RCI: 248.7%), (3) interest-bearing deposits below 30% (RCI: 7.6%), and (4) prohibited income below 5% (RCI: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Rogers Communications Inc. stock?

Rogers Communications Inc. (RCI) has a non-permissible income ratio of 0.02%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RCI shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Rogers Communications Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Rogers Communications Inc. (RCI) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about RCI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RCI: Is Rogers Communications Inc. Halal?

Rogers Communications Inc.

NYSECommunication ServicesCA

$34.80

-1.92%

Market Cap: 18.8B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

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%.

248.7% of 30.0% limit

What this means for you

Most scholars advise not holding RCI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Rogers Communications Inc.

Rogers Communications Inc., a prominent Canadian telecommunications and media conglomerate, structures its diverse operations across three core divisions: Wireless, Cable, and Media. In its Wireless segment, Rogers caters to approximately 11.3 million subscribers through its Rogers, Fido, and chatr brands. This division offers an extensive range of mobile services, including internet access, traditional and enhanced voice communication, wireless home phone, and global voice and data roaming. Customers also benefit from device and accessory financing, device protection plans, email, and convenient device delivery services. Furthermore, Rogers provides specialized wireless solutions for businesses, encompassing machine-to-machine (M2M) connectivity, Internet of Things (IoT) platforms, and landline bridging. The Cable division delivers high-speed internet and comprehensive WiFi services. It also features advanced smart home monitoring solutions, empowering users to manage security, automation, energy efficiency, and other controls conveniently via a dedicated smartphone application. Rogers' television offerings within this segment are broad, featuring local and network channels, on-demand content, and both cloud-based and personal video recorders (PVRs). It supports linear and time-shifted viewing, provides access to digital specialty channels and 4K programming, and incorporates modern features like voice-activated remote controls and integrated applications. The Ignite TV platform and its accompanying app enable content consumption across various devices, including smartphones, tablets, and personal computers. Beyond consumer offerings, Rogers serves residential and small business clients with local telephony services, complete with calling features such as voicemail, call waiting, and long-distance. For larger enterprises, it delivers sophisticated voice, data networking, and internet protocol (IP) services, including Ethernet, private networking, IP voice, and cloud-based solutions. Advanced network technologies like optical wave and multi-protocol label switching (MPLS) are also part of its portfolio, alongside general IT and network technology support and cable access network services. Rogers' Media division represents a significant part of its enterprise. It notably owns the Toronto Blue Jays baseball team and the Rogers Centre event venue. The company also operates a wide array of television networks, such as Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN. Additionally, Rogers maintains a substantial presence in radio, managing 55 AM and FM stations. Established in 1960, Rogers Communications Inc. is headquartered in Toronto, Canada.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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: FY 2025Data source: FMP

Halal Alternatives in Communication Services

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

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$5.39

-5.11%

RDDTA+

Reddit, Inc.

$203.27

+1.16%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

METAA+

Meta Platforms, Inc.

$646.01

+1.70%

CHTA+

Chunghwa Telecom Co., Ltd.

$41.44

-0.10%

More Communication Services Stocks

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Frequently Asked Questions

Is Rogers Communications Inc. (RCI) halal to invest in?

Rogers Communications Inc. (RCI) 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 Rogers Communications Inc. get a F compliance rating?

Rogers Communications Inc. (RCI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 248.7% (limit 30%); interest-bearing deposits of 7.6% (limit 30%); prohibited income of 0.02% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Rogers Communications Inc.'s Shariah verdict?

Rogers 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 Rogers Communications Inc. re-screened for Shariah compliance?

Rogers Communications Inc. (RCI) 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 18, 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.