Is ORCL halal?
Oracle Corporation
Halal
Oracle Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 16 October 2026
Exchange
NYSE
Price
128.23
Day
-4.64%
Market cap
$391.22B
Industry
Software - Infrastructure
Sector
Technology
What the company does
Oracle sells enterprise software: the Oracle Database, finance/HR systems (Fusion, NetSuite) and cloud infrastructure (OCI). Revenue comes from licenses, subscriptions and cloud rentals; lately it builds huge data centers for AI firms such as OpenAI.
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
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $125.34B ÷ 36-month average market cap $459.99B = 27.3%
27.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $37.08B ÷ 36-month average market cap $459.99B = 8.1%
8.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $780.00M ÷ annual revenue $67.36B (2026) = 1.2%
1.2%
Pass
Figures from the company's filings (2026-08-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $391.22B.
For information (AAOIFI 3/1 note): cash + receivables are 16.0% of total assets (2026-08-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.34% weight · #49 of 503
- Among halal stocks
- 0.63% · #24 of 1455
- Held by funds
- SPUS 0.58% · SPTE 0.57%
- Dividend
- 1.53% · purify 1.2% · net 1.51%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 13 superinvestors · Average reported price: $146.55
- Polen Capital Management$523.8M4.5%
- William Von MuefflingCantillon Capital Management$15.5M2.3%
- First Eagle Investment Management$2.5B2.1%
- Harry BurnSound Shore$66.6M2.0%
- Hillman Capital Management$1.7M1.2%
- Wallace WeitzWeitz Investment Management$8.1M0.6%
Halal stocks in the same industry
The largest halal stocks in Software - Infrastructure — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
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.