What is Rackspace Technology, Inc.'s Shariah compliance score?

Rackspace Technology, Inc.'s (RXT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Rackspace Technology, Inc. pass AAOIFI screening?

Rackspace Technology, Inc. (RXT) 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% (RXT: 230.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Rackspace Technology, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Rackspace Technology, Inc. (RXT) using the latest financial data.

Where can I screen Rackspace Technology, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Rackspace Technology, Inc. (RXT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about RXT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RXT: Is Rackspace Technology, Inc. Halal?

Rackspace Technology, Inc.

NASDAQTechnologyUS

$4.72

+8.39%

Market Cap: 1.2B

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Rackspace Technology, Inc. (RXT) halal? Not Halal. Based on AAOIFI screening, Rackspace Technology, 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%.

230.2% of 30.0% limit

What this means for you

Most scholars advise not holding RXT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Rackspace Technology, Inc.

Rackspace Technology, Inc. is a global provider specializing in multi-cloud technology services. The company organizes its business into two primary divisions: Multicloud Services and Apps & Cross Platform. Through its Multicloud Services division, Rackspace offers comprehensive managed services for both public and private cloud environments. These services empower clients to identify, oversee, and fine-tune their ideal infrastructure, platforms, and associated services. This segment also delivers expert professional assistance for architecting and deploying multi-cloud strategies and modern cloud-native applications. The Apps & Cross Platform segment encompasses managed application services, along with extensive managed security offerings. These security services span threat identification and mitigation, proactive prevention, prompt incident response, adherence to governance standards, risk management, compliance support across diverse cloud ecosystems, and robust privacy and data protection, including granular access controls and reporting. Furthermore, this segment provides specialized data services and professional expertise for the development and deployment of application, security, and data solutions. Established in 1998, Rackspace Technology, Inc. maintains its corporate headquarters in San Antonio, Texas.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Technology

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

UIA+

Ubiquiti Inc.

$570.47

+0.74%

0005.KLA+

UCrest Bhd

$0.07

+0.08%

0008.KLA+

Willowglen MSC Bhd

$0.30

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.23

-0.02%

0023.KLA+

IFCA MSC Bhd

$0.24

+0.02%

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MSFT

Microsoft Corporation

A+

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AAPL

Apple Inc.

A+

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NVIDIA Corporation

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CRM

Salesforce, Inc.

B+

ADBE

Adobe Inc.

Free · No credit card required

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Frequently Asked Questions

Is Rackspace Technology, Inc. (RXT) halal to invest in?

Rackspace Technology, Inc. (RXT) 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 Rackspace Technology, Inc. get a F compliance rating?

Rackspace Technology, Inc. (RXT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 230.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Rackspace Technology, Inc.'s Shariah verdict?

Rackspace Technology, 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 Rackspace Technology, Inc. re-screened for Shariah compliance?

Rackspace Technology, Inc. (RXT) 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: Aug 12, 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.