Is OPTICAL CABLE CORP (OCC) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.3% / 30% | 0.4% / 30% | 19.2% / 30% | 0.04% / 5% | ✓ HALAL |
| DJIM | 15.3% / 33% | 0.4% / 33% | 19.2% / 33% | 0.04% / 5% | ✓ HALAL |
| MSCI | 20.5% / 33% | 0.6% / 33% | 25.7% / 33% | 0.04% / 5% | ✓ HALAL |
| S&P | 15.3% / 33% | 0.4% / 33% | 19.2% / 33% | 0.04% / 5% | ✓ HALAL |
| FTSE | 20.5% / 33% | 0.6% / 33% | 25.7% / 50% | 0.04% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 31.7% | |
| Operating Margin | -1.3% | |
| Net Margin | -1.0% | |
| Return on Equity (ROE) | -3.9% | |
| Return on Assets (ROA) | 0.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1M |
| Free Cash Flow | $1M |
| Total Debt | $8M |
| Debt-to-Equity | 49.5 |
| Current Ratio | 1.8 |
| Total Assets | $40M |
Price & Trading
| Last Close | $9.79 |
| 50-Day MA | $6.18 |
| 200-Day MA | $6.36 |
| Avg Volume | 127K |
| Beta | 0.6 |
|
52-Week Range
$2.40
| |
About OPTICAL CABLE CORP (OCC)
Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. The company offers fiber optic and hybrid cables for high bandwidth transmission of data, video, and audio communications; and copper datacom cables, including unshielded and shielded twisted pair constructions. Its fiber optic connectivity products include fiber optic wall mounts, cabinet mount and rack mount enclosures, NEMA enclosures, pre-terminated fiber optic enclosures, fiber optic connectors, splice trays, fiber optic jumpers, plug and play cassette modules, pre-terminated fiber optic cable assemblies, adapters, and accessories; and copper connectivity products comprising category compliant patch panels, jacks, plugs, patch cords, faceplates, surface mounted boxes, distribution and multi-media boxes, copper rack mount and wall mount enclosures, cable assemblies, cable organizers, and other wiring products for equipment rooms, telecommunications closets, data centers, and workstation applications. In addition, the company provides network, data storage, and telecommunications management systems, such as data cabinets, wall mount enclosures, horizontal and vertical cable management systems, and open frame relay racks; and datacom wiring products, including various enclosures, and modules and modular outlets for single dwelling and multiple dwelling residential uses. Further, the company provides specialty fiber optic connectors and connectivity components, copper datacom connectors, and related systems and solutions for military, other harsh environment, and special applications, as well as cylindrical connector products. It sells its products to distributors, original equipment manufacturers, value-added resellers, and end-users. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia.
Purification Calculator
As a halal stock with 0.04% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is OPTICAL CABLE CORP (OCC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OPTICAL CABLE CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is OPTICAL CABLE CORP's debt ratio?
OPTICAL CABLE CORP's debt ratio is 15.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 20.5%.
Does OPTICAL CABLE CORP require dividend purification?
Yes, OPTICAL CABLE CORP has an impermissible income ratio of 0.04%, which means 0.04% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are OPTICAL CABLE CORP's key financial metrics?
OPTICAL CABLE CORP has a market capitalization of $81M, and revenue of $73M. The company maintains a gross margin of 31.7% and a net margin of -1.0%. Return on equity stands at -3.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.