As of August 2026, Open Lending Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Open Lending Corp. Stock Analysis LPRO
United States Financials Small Cap
Open Lending Corp. provides lending enablement and risk analytics to credit unions, regional banks and the captive finance companies of original equipment manufacturers (OEM Captives). The company is headquartered in Austin, Texas and currently employs 164 full-time employees. The company went IPO on 2018-03-02. The firm also operates as a third-party administrator that adjudicates insurance claims and premium adjustments on automotive loans. Its flagship product, Lenders Protection platform (LPP), is a cloud-based automotive lending enablement platform. The platform uses risk-based pricing models that enable automotive lenders to assess the credit risk of a potential borrower using data-driven analysis. The firm's proprietary risk models project loan performance, including expected losses and prepayments, in arriving at the optimal contract interest rate.
Open Lending Corp (LPRO) Chart
Financial Metrics & Statements of Open Lending Corp (LPRO)
FAQ's for Open Lending Corp (LPRO)
As of August 2026, Open Lending Corp LPRO 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 Open Lending Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Open Lending Corp 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 Open Lending Corp 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 Open Lending Corp 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 Open Lending Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.