
Is Opendoor Technologies (OPEN) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Opendoor Technologies, Inc. (OPEN) does not meet the threshold for the interest-bearing debt screen as of September 2026, so it is not Shariah compliant.
Opendoor Technologies is a real estate services company specializing in the digital transformation of residential property transactions. The company operates an advanced technology platform that streamlines the process of buying and selling homes, delivering an on-demand, fully digital experience for both buyers and sellers. Through offerings like 'Sell to Opendoor,' homeowners can sell their property directly to the company, bypassing traditional hurdles such as open houses, repairs, and uncertain timelines. For Muslim investors, though, the most pressing question is simpler: is Opendoor Technologies a Halal investment?
Is Opendoor Technologies Shariah compliant?
Property itself is a permissible asset, which is why real estate attracts Halal investors. The screening question for Opendoor Technologies is how the portfolio is financed and whether rental income flows from impermissible tenants; the debt cap and the 5% income ceiling of AAOIFI Shariah Standard No. 21 carry the verdict.
Does Opendoor Technologies pass the business activity test?
The activity screen is only part of the picture this month: Opendoor Technologies currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The watch item is the tenant roll: rental income from impermissible businesses counts against the 5% ceiling.
Is Opendoor Technologies' income Halal?
Yes, within AAOIFI's tolerance. Opendoor Technologies' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Opendoor Technologies meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read REITs: Halal Real Estate for Muslim Investors



