Is Opera Ltd (OPRA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.7% / 30% | 9.3% / 30% | 7.1% / 30% | 0.74% / 5% | ✓ HALAL |
| DJIM | 0.7% / 33% | 9.3% / 33% | 7.1% / 33% | 0.74% / 5% | ✓ HALAL |
| MSCI | 0.9% / 33% | 12.0% / 33% | 9.2% / 33% | 0.74% / 5% | ✓ HALAL |
| S&P | 0.7% / 33% | 9.3% / 33% | 7.1% / 33% | 0.74% / 5% | ✓ HALAL |
| FTSE | 0.9% / 33% | 12.0% / 33% | 9.2% / 50% | 0.74% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.3% | |
| Operating Margin | 16.3% | |
| Net Margin | 17.6% | |
| Return on Equity (ROE) | 11.1% | |
| Return on Assets (ROA) | 5.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $105M |
| Free Cash Flow | $74M |
| Total Debt | $10M |
| Debt-to-Equity | 0.8 |
| Current Ratio | 2.4 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $13.92 |
| 50-Day MA | $13.79 |
| 200-Day MA | $15.71 |
| Avg Volume | 697K |
| Beta | 1.1 |
|
52-Week Range
$11.71
| |
About Opera Ltd (OPRA)
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service. It provides browser-based cashback rewards programs; owns GameMaker Studio, a 2D gaming development platform; and GXC, a gaming portal. In addition, the company operates Opera Ads, an online advertising platform; and offers Web3 and e-commerce services. Opera Limited was founded in 1995 and is headquartered in Oslo, Norway. Opera Limited is a subsidiary of Kunlun Tech Co., Ltd.
Purification Calculator
As a halal stock with 0.74% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Opera Ltd (OPRA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Opera Ltd 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 Opera Ltd's debt ratio?
Opera Ltd's debt ratio is 0.7% 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 0.9%.
Does Opera Ltd require dividend purification?
Yes, Opera Ltd has an impermissible income ratio of 0.74%, which means 0.74% 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 Opera Ltd's key financial metrics?
Opera Ltd has a market capitalization of $1.2B, trailing P/E ratio of 11.3, and revenue of $481M. The company maintains a gross margin of 51.3% and a net margin of 17.6%. Return on equity stands at 11.1%.
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.