Yes. As of September 2026, Ondo InsurTech PLC (ONDO.L) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ondo InsurTech PLC passes Musaffa's business and financial screening criteria.
Ondo InsurTech Plc is an investment holding company, which engages in the provision of domestic leak detection services and technology to the home insurance industry and homeowners. LeakBot, its InsurTech system, is proven to reduce water damage claims costs by approximately 70%. LeakBot is an end-to-end, Internet of things (IoT) escape of water claims mitigation solution that has a proven commercial model and business case for insurers. Its Thermi-Q technology detects micro leaks using temperature change. LeakBot works 24/7, monitoring its customers homes for hidden leaks and bursts. Instant alerts are sent to its customers smartphones if there is a problem. When a leak is detected, the Company arranges an approved expert plumber to find and fix it. LeakBot is an end-to-end business to business to consumer (B2B2C) system, which includes more than 80% self-installation rate, micro-leak sensitivity, device and in-home service that can be offered for free to homeowners. LeakBot's app allows its customers to receive instant alerts.
Ondo InsurTech PLC ONDO.L
GBX5.80 GBX0.35 (5.69%) 1D
Last Updated: Sep 07, 12:00 AM·LSE
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ONDO.L Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Ondo InsurTech PLC is classified as halal.
HALAL
Report Source: undefined Quarter Report
Ondo InsurTech PLC (ONDO.L) Chart
Financial Metrics & Statements of Ondo InsurTech PLC (ONDO.L)
FAQ's for Ondo InsurTech PLC (ONDO.L)
As of September 2026, Ondo InsurTech PLC ONDO.L is classified as 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 Ondo InsurTech PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Ondo InsurTech PLC 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 Ondo InsurTech PLC 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 Ondo InsurTech PLC 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 Ondo InsurTech PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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