
RMNI: Is Rimini Street, Inc. Halal?
Rimini Street, Inc.
$4.94
+1.02%
Market Cap: 457.2M
Compliance Status
Doubtful
Screened on Sep 2, 2026 · AAOIFI Standard 21
Acceptable
Is Rimini Street, Inc. (RMNI) halal? Doubtful. Based on AAOIFI screening, Rimini Street, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 65/100 (Grade: B).
Quote this verdict
HalalScreener rates Rimini Street, Inc. (RMNI) Doubtful, 65/100, grade B under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/RMNI
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own RMNI, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened RMNI's prohibited income, but the exact share you would need to purify is part of Pro.
About Rimini Street, Inc.
Headquartered in Las Vegas, Nevada, and established in 2005, Rimini Street, Inc. delivers comprehensive enterprise software solutions encompassing its own products, specialized services, and robust support systems. The firm is particularly noted for its dedicated support offerings for major enterprise software suites from Oracle and SAP, serving diverse industries. Distribution of its solutions primarily occurs through its extensive direct sales network, which boasts a global footprint across North America, Latin America, Europe, Africa, the Middle East, and the Asia-Pacific territories.
Sector: Technology · Industry: Software - Application
Why This Stock Is Doubtful
- Interest-bearing deposits are 25.7% of market cap, only 4.3 points below the 30% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Jul 2026
Not Halal
until the change above
Doubtful
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.