RRX

Regal Rexnord Corporation

DOUBTFUL — SCREEN DOES NOT PASSstock

Is RRX Halal?

Industrial motion-and-power maker with a permissible core business, but current acquisition debt pushes debt/assets above the examined limits.

What You Should Know

Regal Rexnord Corporation manufactures electric motors, drives, controls, bearings and power-transmission components. Its March 31, 2026 Form 10-Q reports assets of $13,780.8 million, interest-bearing debt of $4,706.4 million, cash of $401.0 million and trade receivables of $577.3 million. Debt/assets is 34.15%, liquidity/assets is 2.91%, receivables-plus-cash/assets is 7.10% and disclosed interest income is 0.31% of quarterly sales; the debt screen fails even though the other known ratios pass.

⚠️ Concerns

  • Debt/assets is 34.15%, above the examined 33% limits
  • Acquisition debt remains the deciding financial issue despite deleveraging
  • Aerospace, industrial and downstream end uses are not quantified
  • Receivables securitization and derivatives require continuing contract review
  • Re-screen after debt repayment or the next filing

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
34.15%Above limit
Below 33.333% under FTSE Yasaar

4,706.4 / 13,780.8

Cash + interest-bearing securities / assets
2.91%Within limit
Below 33.333% under FTSE Yasaar

401 / 13,780.8

Receivables + cash / assets
7.10%Within limit
Below 50% under FTSE Yasaar

978.3 / 13,780.8

Non-compliant income / revenue
0.31%Within limit
No more than 5% under FTSE Yasaar

4.6 / 1,479.1

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 34.15%, above the examined FTSE 33.333% limit; liquidity/assets is 2.91%, receivables plus cash/assets is 7.10%, and disclosed interest income is 0.31%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt/assets is 34.15%, above the examined MSCI 33.33% limit; this is not an index-membership claim.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Debt/assets is 34.15%, above the examined Malaysia 33% limit; this is a calculation against SAC ratios, not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Fails

A properly licensed and reproducible historical issuer market-cap series is not stored; the debt failure independently prevents a pass.

Business-activity disclosure

Regal Rexnord manufactures electric motors, drives, controls, bearings and power-transmission components. Industrial manufacturing is generally permissible, while aerospace, defense-adjacent, customer end-use, supply-chain and acquisition activities require continuing qualitative review.

Limitation: The filing does not allocate revenue into a universal prohibited-activity numerator by customer, end use, government exposure or product application.

Purification

Regal Rexnord discloses $4.6 million of interest income, or 0.31% of quarterly sales, but does not prescribe a scholar-approved purification percentage or quantify all screened business activity.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Regal Rexnord's March 31, 2026 Form 10-Q.
  • Debt combines $23.8 million of current maturities and $4,682.6 million of long-term debt; operating leases are excluded.
  • Cash and cash equivalents are $401.0 million; no separate interest-bearing securities balance is identified.
  • Trade receivables, net are $577.3 million and first-quarter net sales are $1,479.1 million. Receivables sold under the securitization facility are not added after derecognition.
  • Disclosed interest income is $4.6 million; the filing does not provide a universal prohibited-activity revenue numerator.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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