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AAOIFI No. 21 screening

Is OPRA halal?

Opera Limited

Doubtful

No clear verdict is possible for Opera Limited — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.

Checked: 12 October 2026

Exchange

NASDAQ

Price

17.89

Day

-1.54%

Market cap

$1.56B

Industry

Internet Content & Information

Sector

Communication Services

Manually identified reason

Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:

Doubtful: paid browser placements for betting operators (Africa), OPay stake (lending), stablecoin wallet; share not disclosed

What the company does

Opera (Norway, Chinese-owned) makes the Opera web browsers (mobile, desktop, the Opera GX gaming browser). Money comes from search-revenue sharing with Google and in-browser advertising.

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    Doubtful: paid browser placements for betting operators (Africa), OPay stake (lending), stablecoin wallet; share not disclosed

  • Interest-bearing debt / market cap

    limit 30%

    0.4%

    Pass

  • Cash & investments / market cap

    limit 30%

    23.1%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    0.5%

    Pass

In the lists

In the S&P 500
Not in the S&P 500

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This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.

Earnings historyOPRA's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →