Is OneSpan Inc. (OSPN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.5% / 30% | 17.0% / 30% | 17.9% / 30% | 0.82% / 5% | ✓ HALAL |
| DJIM | 1.5% / 33% | 17.0% / 33% | 17.9% / 33% | 0.82% / 5% | ✓ HALAL |
| MSCI | 1.5% / 33% | 17.7% / 33% | 18.7% / 33% | 0.82% / 5% | ✓ HALAL |
| S&P | 1.5% / 33% | 17.0% / 33% | 17.9% / 33% | 0.82% / 5% | ✓ HALAL |
| FTSE | 1.5% / 33% | 17.7% / 33% | 18.7% / 50% | 0.82% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 74.1% | |
| Operating Margin | 21.4% | |
| Net Margin | 30.0% | |
| Return on Equity (ROE) | 30.1% | |
| Return on Assets (ROA) | 8.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $59M |
| Free Cash Flow | $50M |
| Total Debt | $6M |
| Debt-to-Equity | 3.1 |
| Current Ratio | 1.5 |
| Total Assets | $398M |
Price & Trading
| Last Close | $10.64 |
| 50-Day MA | $11.11 |
| 200-Day MA | $13.61 |
| Avg Volume | 678K |
| Beta | 1.5 |
|
52-Week Range
$10.07
| |
About OneSpan Inc. (OSPN)
OneSpan Inc., together with its subsidiaries, provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. It operates through Cybersecurity and Digital Agreements segments. The company offers Cloud Authentication, a cloud-based multifactor authentication solution; Mobile Security Suite, a software development kit that protects mobile transactions; Mobile Application Shielding that protects mobile applications from attacks by malware allowing secure usage of mobile applications even in hostile environments; and authentication servers that securely authenticate users and transactions. The company also provides Authentication Suite, a solution to protect organizations from cyber threats; Digipass Authenticator; and Digipass S3 Authentication software, an authentication platform designed to enable passwordless and phishing-resistant authentication across web and mobile applications. It also provides OneSpan Sign, a range of e-signature requirements for occasional agreement; OneSpan Notary, an online notary solution developed for organizations with in-house notaries; OneSpan Sign Identity Verification that enables banks and financial institutions identity verification services; Onespan Sign Authentication, a configurable authentication option to verify senders and signers by adding layers of security to e-signature transactions; and OneSpan Integration Platform, a platform that enables organizations to integrate e-signatures. It sells its solutions through its direct sales force, distributors, resellers, systems integrators, and original equipment manufacturers. The company was formerly known as VASCO Data Security International, Inc. and changed its name to OneSpan Inc. in August 1997. OneSpan Inc. was founded in 1991 and is headquartered in Boston, Massachusetts.
Purification Calculator
As a halal stock with 0.82% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is OneSpan Inc. (OSPN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OneSpan Inc. 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 OneSpan Inc.'s debt ratio?
OneSpan Inc.'s debt ratio is 1.5% 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 1.5%.
Does OneSpan Inc. require dividend purification?
Yes, OneSpan Inc. has an impermissible income ratio of 0.82%, which means 0.82% 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 OneSpan Inc.'s key financial metrics?
OneSpan Inc. has a market capitalization of $386M, trailing P/E ratio of 5.4, and revenue of $243M. The company maintains a gross margin of 74.1% and a net margin of 30.0%. Return on equity stands at 30.1%.
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.