Is Orion Digital Corp. (ORIO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 309.9% / 30% | 125.3% / 30% | 246.5% / 30% | 0.56% / 5% | ✗ NOT HALAL |
| DJIM | 309.9% / 33% | 125.3% / 33% | 246.5% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| MSCI | 45.1% / 33% | 18.3% / 33% | 35.9% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| S&P | 309.9% / 33% | 125.3% / 33% | 246.5% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| FTSE | 45.1% / 33% | 18.3% / 33% | 35.9% / 50% | 0.56% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 66.7% | |
| Operating Margin | -22.8% | |
| Net Margin | -21.0% | |
| Return on Equity (ROE) | -11.1% | |
| Return on Assets (ROA) | -4.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$5M |
| Total Debt | $86M |
| Debt-to-Equity | 117.0 |
| Current Ratio | 4.7 |
| Total Assets | $190M |
Price & Trading
| Last Close | $0.97 |
| 50-Day MA | $1.12 |
| 200-Day MA | $1.45 |
| Avg Volume | 92K |
| Beta | 2.8 |
|
52-Week Range
$0.74
| |
About Orion Digital Corp. (ORIO)
Orion Digital Corp., a financial technology company, operates digital platforms for wealth and payments in Canada and Europe. The company offers Intelligent Investing, a wealth platform which provides long-term investing solutions; and issuer processing, program management, and regulated payment orchestration services. It also engages in the consumer lending business. The company was formerly known as Mogo Inc. and changed its name to Orion Digital Corp. in December 2025. Orion Digital Corp. is headquartered in Vancouver, Canada.
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Frequently Asked Questions
Is Orion Digital Corp. (ORIO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Orion Digital Corp. 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 Orion Digital Corp.'s debt ratio?
Orion Digital Corp.'s debt ratio is 309.9% 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 45.1%.
What are Orion Digital Corp.'s key financial metrics?
Orion Digital Corp. has a market capitalization of $22M, and revenue of $71M. The company maintains a gross margin of 66.7% and a net margin of -21.0%. 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.