Is Ring Energy, Inc. REI stock halal to invest in?

No, as of February 2026, Ring Energy, Inc. stock (REI) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Ring Energy, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Ring Energy, Inc. and alternative halal stock options within the Tabadulat app.

How often is Ring Energy, Inc. REI reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Ring Energy, Inc. REI monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Ring Energy, Inc. REI pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Ring Energy, Inc. stock (REI) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does Ring Energy, Inc. REI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Ring Energy, Inc. stock (REI) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Ring Energy, Inc. stock (REI) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

English

العربية

Be the First to Know!

Join our waitlist for exclusive early access to Tabadulat’s Shariah-compliant trading platform. Get notified as soon as we go live and start investing with confidence.

Ring Energy, Inc.

NYSE

Shariah-Compliant

Not Shariah

REI

About

Ring Energy, Inc.

REI

Ring Energy Inc. is an independent exploration and production company focused on acquiring, developing, and producing oil and natural gas. Its primary operations are concentrated in the Permian Basin, a highly productive region in Texas and New Mexico known for substantial oil reserves. The company strategically prioritizes cost-effective drilling and completion practices to maximize resource extraction and profitability from its assets. By maintaining a lean operational model, Ring Energy Inc. aims to enhance efficiency and adaptability in the ever-fluctuating energy market. The company's influence spans across sectors reliant on both crude oil and natural gas, supporting industries such as transportation, manufacturing, and energy production. As a part of the wider energy market, Ring Energy Inc. contributes to meeting national and international energy demands while adapting to regulatory and environmental considerations that shape the industry's landscape.

Sector:

Energy

Industry:

Oil & Gas E&P

Employees:

115

Website:

https://www.ringenergy.com

REI

Frequently asked questions

Related stocks

Mobile login screen for Tabadulat with fields to enter email, a Continue button, an option to create an account, and a language selector showing EN.

Step 1

Sign Up.

Begin by creating your Tabadulat account. Simply enter your details and complete the verification process. You’ll be up and running in no time.

Mobile screen showing add money interface with 100 AED amount and Manual Bank Transfer payment method selected, noting 1-2 business days processing.

Step 2

Deposit.

Add funds to your account using a secure payment method. You can deposit in multiple currencies to get started.

Step 3

Screen.

Screen Stocks for Free and explore a wide range of stocks that are ethically screened for Shariah compliance. Use our Halal Stock Screener to find the best opportunities.

Step 4

Trade.

Once you’ve chosen the right stocks, simply place your trades. Our platform offers real-time market data and seamless execution.

Mobile screen showing investment portfolio with $100,000 total value, $48,000 invested, and a $2,000 return (4.50%) with a line graph and options for 1W, 1M, 3M, YTD, 1Y, Max, plus Trade and Deposit buttons.

Step 5

Track.

Track your Portfolio and monitor your investments with our easy-to-use dashboard. View your portfolio performance, manage assets, and make adjustments as needed.

Step 6

Withdraw.

When you're ready, withdraw your funds quickly and securely to your bank account.

Ring Energy, Inc.

About

Ring Energy, Inc.

REI

Frequently asked questions

Is Ring Energy, Inc. REI stock halal to invest in?

How often is Ring Energy, Inc. REI reviewed for Shariah compliance?

Does Ring Energy, Inc. REI pass the AAOIFI Non Permissible Income criteria?

Does Ring Energy, Inc. REI pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

How do I buy Ring Energy, Inc. REI stock?

Sign Up.

Deposit.

Screen.

Trade.

Track.

Withdraw.