Is ON24 INC. (ONTF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.0% / 30% | 53.4% / 30% | 8.4% / 30% | 2.75% / 5% | ✗ NOT HALAL |
| DJIM | 1.0% / 33% | 53.4% / 33% | 8.4% / 33% | 2.75% / 5% | ✗ NOT HALAL |
| MSCI | 1.4% / 33% | 72.8% / 33% | 11.4% / 33% | 2.75% / 5% | ✗ NOT HALAL |
| S&P | 1.0% / 33% | 53.4% / 33% | 8.4% / 33% | 2.75% / 5% | ✗ NOT HALAL |
| FTSE | 1.4% / 33% | 72.8% / 33% | 11.4% / 50% | 2.75% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.1% | |
| Operating Margin | -18.4% | |
| Net Margin | -20.7% | |
| Return on Equity (ROE) | -19.3% | |
| Return on Assets (ROA) | -8.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | $4M |
| Total Debt | $6M |
| Debt-to-Equity | 4.1 |
| Current Ratio | 2.5 |
| Total Assets | $228M |
Price & Trading
| Last Close | $8.10 |
| 50-Day MA | $7.99 |
| 200-Day MA | $6.24 |
| Avg Volume | 526K |
| Beta | 0.7 |
|
52-Week Range
$4.35
| |
About ON24 INC. (ONTF)
ON24, Inc. provides a cloud-based intelligent engagement platform that offers interactive and personalized digital experience products to create and capture data from professionals to provide businesses with buying signals and behavioral insights to convert prospects into customers worldwide. It offers ON24 Elite for live and interactive webinar experience; ON24 Breakouts for live breakout room experience; ON24 Forums for live and interactive experience; and ON24 Go Live for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time. The company also provides ON24 Engagement Hub for always-on multimedia content experience; ON24 Target for personalized and curated landing page experience; ON24 Intelligence for analytics backbone that captures first-person data to power the insights, benchmarking, and reporting; ON24 AI-powered ACE for enabling hyper-personalization at scale across ON24 experiences; ON24 Connect for ecosystem of third-party application integrations; and ON24 Services and Platform Support, which provides a portfolio of professional services that provide consulting and support for product and platform adoption. In addition, it offers consulting services, such as experience management, monitoring and production, implementation, and support services, and ON24 Virtual Conference which engages prospective customers. The company sells its products through direct sales. It serves technology, financial services, healthcare, industrial and manufacturing, professional services, and business-to-business information service companies. It has a strategic partnership with Performars to allow companies across the life sciences, IT, finance, and electronics sectors to launch webinars and virtual events. The company was formerly known as NewsDirect, Inc. and changed its name to ON24, Inc. in December 1998. ON24, Inc. was incorporated in 1998 and is headquartered in San Francisco, California.
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Frequently Asked Questions
Is ON24 INC. (ONTF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ON24 INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ON24 INC.'s debt ratio?
ON24 INC.'s debt ratio is 1.0% 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 1.4%.
What are ON24 INC.'s key financial metrics?
ON24 INC. has a market capitalization of $347M, and revenue of $139M. The company maintains a gross margin of 75.1% and a net margin of -20.7%. Return on equity stands at -19.3%.
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.