Is Range International Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Range International Ltd (RAN.AX) is currently classified as DOUBTFUL as of August 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Range International Ltd 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 Range International Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Range International Ltd?

Muslim investors may consider investing in Range International Ltd 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 Range International Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Range International Ltd 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 Range International Ltd updated?

The Shariah compliance status of Range International Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Range International Ltd 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 Range International Ltd?

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

RAN.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: August 01, 2025

Report Source: 2024 Annual Report

Range International Ltd. Stock Analysis RAN.AX

Australia Materials Nano Cap Report: 2024 Annual

Range International Ltd. engages in the manufacturer of plastic pallets, which develops the ThermoFusion technology. The company is headquartered in Sydney, New South Wales. The company went IPO on 2016-07-22. The principal activity of the Company is manufacturing of recycled plastic products. In Indonesia, its ThermoFusion technology allows the Company to make plastic pallets from 100% mixed waste plastics. The firm has production lines operating in its East Java factory in Indonesia and sells its pallets under the brand Re>Pal, supplying pallets in Indonesia and across the Asia Pacific. Its geographic segments include Indonesia, Australia & New Zealand, Thailand, the Philippines, and Other segments. Its brand, Re>Pal, manufactures light, medium and heavy-duty pallets for racking, stacking and lifting, in a range of load capacities and sizes for use in export, cold storage, food and beverage, manufacturing, building and cement industries. Its subsidiary includes P.T. Re-Pal International Indonesia.

Key Statistics of Range International Ltd (RAN.AX)

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

Today's Range

AUD0.00AUD0.00

Today's Open

AUD0.00

Volume

22.20K

P/E Ratio (TTM)

52 Week Range

AUD0.00AUD0.01

Market Cap

3.57M

Avg. Volume

649.88K

Dividend Yield

Financial Metrics & Statements of Range International Ltd (RAN.AX)

FAQ's for Range International Ltd (RAN.AX)

According to Musaffa’s Shariah screening methodology, Range International Ltd (RAN.AX) is currently classified as DOUBTFUL as of August 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.