Is On Holding AG ONON stock halal to invest in?

Yes, as of August 2026, On Holding AG stock (ONON) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. On Holding AG currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.17%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of On Holding AG and explore other Shariah compliant stocks in the Tabadulat app.

How often is On Holding AG ONON reviewed for Shariah compliance?

Tabadulat reviews On Holding AG ONON for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for On Holding AG reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does On Holding AG ONON pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, On Holding AG stock (ONON) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. On Holding AG's income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does On Holding AG ONON pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, On Holding AG stock (ONON) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). On Holding AG's interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does On Holding AG ONON pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, On Holding AG stock (ONON) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. On Holding AG's interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for On Holding AG ONON stock?

As of August 2026, the dividend purification factor for On Holding AG (ONON) is 99.17%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on On Holding AG dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does On Holding AG ONON pass the AAOIFI Preference Share screen?

Yes, as of August 2026, On Holding AG stock (ONON) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. On Holding AG has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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On Holding AG

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Shariah-Compliant

Not Shariah

ONON

About

On Holding AG

ONON

On Holding AG is a global sporting goods company specializing in the design, development, and distribution of premium athletic footwear, apparel, and accessories. Founded in Switzerland in 2010 by Olivier Bernhard, David Allemann, and Caspar Coppetti, the company has rapidly grown to become a leader in performance sportswear, particularly in the running segment. Its products feature proprietary CloudTec® cushioning technology, which is engineered to enhance comfort and energy efficiency for high-performance running, training, outdoor activities, and tennis. On Holding AG is noted for its innovation and commitment to purposeful design, including sustainability initiatives such as utilizing recycled or renewable materials in top-selling styles. With a strong market presence, the company serves consumers through independent retailers, distributors, branded stores, and online channels. Recognized for its significant market share in Switzerland and notable global expansion, On continues to impact both the consumer discretionary and athletic footwear sectors through technological advancement and an inspiring brand ethos aimed at igniting the human spirit through movement.

Sector:

Consumer Cyclical

Industry:

Footwear & Accessories

Employees:

3254

Website:

https://www.on.com

ONON

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On Holding AG

About

On Holding AG

ONON

Frequently asked questions

Is On Holding AG ONON stock halal to invest in?

How often is On Holding AG ONON reviewed for Shariah compliance?

Does On Holding AG ONON pass the AAOIFI Non Permissible Income criteria?

Does On Holding AG ONON pass the AAOIFI Interest Bearing Investments criteria?

Does On Holding AG ONON pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for On Holding AG ONON stock?

Does On Holding AG ONON pass the AAOIFI Preference Share screen?

How do I buy On (ONON) stock?

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