Is Open Text Corp halal to invest in?

As of July 2026, Open Text Corp OTEX.TO 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.

Is Open Text Corp 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 Open Text Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Open Text Corp?

Muslim investors may consider investing in Open Text 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.

Why is Open Text Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Open Text Corp 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 Open Text Corp updated?

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

Can a halal stock like Open Text Corp 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 Open Text Corp?

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

Open Text Corp OTEX.TO

Last Updated: Jul 23, 12:00 AM·TSX

OTEX.TO Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Open Text Corp is classified as not halal.

NOT HALAL

Report Source: 2026 3rd Quarter Report

Open Text Corp. Stock Analysis OTEX.TO

Canada Information Technology Mid Cap Report: Q3, 2026

Open Text Corp. engages in the design, development, marketing and sales of enterprise information management software and solutions. Its comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. The company has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, information technology (IT) operations management cloud, application modernization cloud and analytics cloud. The company also accelerates information modernization with intelligent tools and services for moving off paper, automating classification and building clean data lakes for Artificial Intelligence (AI), analytics and automation.

Key Statistics of Open Text Corp (OTEX.TO)

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

Today's Range

CAD30.15CAD31.50

Today's Open

CAD31.30

Volume

1.07M

P/E Ratio (TTM)

11.96

52 Week Range

CAD27.63CAD56.00

Market Cap

7.59B

Avg. Volume

1.11M

Dividend Yield

5.16%

Financial Metrics & Statements of Open Text Corp (OTEX.TO)

Super Investors Invested in Open Text Corp (OTEX.TO)

FAQ's for Open Text Corp (OTEX.TO)

As of July 2026, Open Text Corp OTEX.TO 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 Text Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Open Text 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 Text 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 Text 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 Text Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.