Is Optiva Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Optiva Inc (OPT.TO) is currently classified as NOT HALAL as of July 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 Optiva 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 Optiva Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Optiva Inc?

Muslim investors may consider investing in Optiva 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 Optiva Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Optiva 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 Optiva Inc updated?

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

Can a halal stock like Optiva 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 Optiva Inc?

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

OPT.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 12, 2025

Report Source: 2025 1st Quarter Report

Analyst's Ratings for Optiva Inc (OPT.TO)

Based on 7 analysts giving stock ratings to Optiva Inc in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Optiva Inc. Stock Analysis OPT.TO

Canada Information Technology Nano Cap Report: Q1, 2025

Optiva, Inc. provides software products, solutions and services to network operators throughout the world, including wireless, wireline, broadband and satellite. The company is headquartered in Mississauga, Ontario and currently employs 413 full-time employees. The company went IPO on 2007-02-23. The firm's products are delivered globally on the private and public cloud. Its solutions help service providers maximize digital, fifth generation (5G), Internet of things (IoT) and emerging market opportunities to improve business. Its portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy, and customer care modules and is available on-premise, cloud-based, or as software-as-a-service (SaaS). The firm's solutions include Optiva BSS Platform, Optiva Charging Engine, Optiva Partner Monetization and Optiva MVNO Hubs. Its software products allow communication service providers to monetize various markets, including consumer, enterprise, wholesale, and the expanding SaaS and cloud ecosystems. Its software supports the introduction of new revenue streams and tariffs, data services and others.

Key Statistics of Optiva Inc (OPT.TO)

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

Today's Range

CAD0.25CAD0.25

Today's Open

CAD0.25

Volume

100.00

P/E Ratio (TTM)

52 Week Range

CAD0.12CAD7.00

Market Cap

1.53M

Avg. Volume

6604.33

Dividend Yield

Financial Metrics & Statements of Optiva Inc (OPT.TO)

FAQ's for Optiva Inc (OPT.TO)

According to Musaffa’s Shariah screening methodology, Optiva Inc (OPT.TO) is currently classified as NOT HALAL as of July 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.