Is Ring Energy Inc halal to invest in?

As of July 2026, Ring Energy Inc REI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Ring Energy Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Ring Energy Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Ring Energy Inc?

Muslim investors may consider investing in Ring Energy Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Ring Energy Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Ring Energy Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Ring Energy Inc updated?

The Shariah compliance status of Ring Energy Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Ring Energy Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Ring Energy Inc?

You can check the latest Shariah compliance status of Ring Energy Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

REI Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Ring Energy Inc is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Ring Energy Inc. Stock Analysis REI

United States Energy Micro Cap Report: Q1, 2026

Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The company is headquartered in The Woodlands, Texas and currently employs 111 full-time employees. The company went IPO on 2007-03-28. The firm is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform (CBP), in the Permian Basin in Texas. Its drilling operations target the oil and liquids rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. The firm's leasehold acreage positions total approximately 111,714 gross (96,234 net) acres and it held interests in 919 gross (758 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 59% consisting of oil, 19% consisting of natural gas, and 22% consisting of natural gas liquids. Of those reserves, approximately 68% of the reserves are classified as proved developed and 32% are classified as proved undeveloped.

Key Statistics of Ring Energy Inc (REI)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$1.28$1.34

Today's Open

$1.31

Volume

2.90M

P/E Ratio (TTM)

52 Week Range

$0.72$2.00

Market Cap

289.39M

Avg. Volume

6.65M

Dividend Yield

Financial Metrics & Statements of Ring Energy Inc (REI)

Super Investors Invested in Ring Energy Inc (REI)

FAQ's for Ring Energy Inc (REI)

As of July 2026, Ring Energy Inc REI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Ring Energy Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Ring Energy Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Ring Energy Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Ring Energy Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Ring Energy Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.