Is Oppenheimer Holdings, Inc. OPY stock halal to invest in?

No, as of August 2026, Oppenheimer Holdings, Inc. stock (OPY) is not currently 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. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Oppenheimer Holdings, Inc. currently does not meet the threshold for the non-permissible income and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Oppenheimer Holdings, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Oppenheimer Holdings, Inc. OPY reviewed for Shariah compliance?

Tabadulat reviews Oppenheimer Holdings, Inc. OPY 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screening ensures the status shown for Oppenheimer Holdings, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Oppenheimer Holdings, Inc. OPY pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Oppenheimer Holdings, Inc. stock (OPY) does not pass 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. Oppenheimer Holdings, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Oppenheimer Holdings, Inc. OPY pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Oppenheimer Holdings, Inc. stock (OPY) 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). Oppenheimer Holdings, Inc.'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 Oppenheimer Holdings, Inc. OPY pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Oppenheimer Holdings, Inc. stock (OPY) does not pass 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. Oppenheimer Holdings, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Oppenheimer Holdings, Inc. OPY stock?

Oppenheimer Holdings, Inc. (OPY) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Oppenheimer Holdings, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Oppenheimer Holdings, Inc. OPY pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Oppenheimer Holdings, Inc. stock (OPY) 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. Oppenheimer Holdings, Inc. 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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Oppenheimer Holdings, Inc.

NYSE

Shariah-Compliant

Not Shariah

OPY

About

Oppenheimer Holdings, Inc.

OPY

Oppenheimer Holdings Inc. is a diversified financial services company providing a broad range of services within the investment banking and securities industries. Its primary function is to offer financial advisory and capital markets services, helping clients manage their financial portfolios, acquire necessary capital, and navigate intricate market conditions. The company is significantly involved in wealth management, asset management, and brokerage services, addressing the needs of individual investors, families, and institutions. Oppenheimer Holdings plays a crucial role in sectors such as private client services, institutional equities, fixed income, and public finance. Its investment banking division assists entities in mergers, acquisitions, and strategy consultations, while also focusing on public offerings and private placements. Strategically headquartered in New York, the firm maintains a significant presence in the financial markets, leveraging its expertise to influence capital and investment strategies across various industries. With a rich history dating back to the early 20th century, Oppenheimer Holdings continues to shape financial services through its commitment to innovation and client-focused solutions, sustaining its stature in the global finance sector.

Sector:

Financial Services

Industry:

Capital Markets

Employees:

2938

Website:

https://www.oppenheimer.com

OPY

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Oppenheimer Holdings, Inc.

About

Oppenheimer Holdings, Inc.

OPY

Frequently asked questions

Is Oppenheimer Holdings, Inc. OPY stock halal to invest in?

How often is Oppenheimer Holdings, Inc. OPY reviewed for Shariah compliance?

Does Oppenheimer Holdings, Inc. OPY pass the AAOIFI Non Permissible Income criteria?

Does Oppenheimer Holdings, Inc. OPY pass the AAOIFI Interest Bearing Investments criteria?

Does Oppenheimer Holdings, Inc. OPY pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Oppenheimer Holdings, Inc. OPY stock?

Does Oppenheimer Holdings, Inc. OPY pass the AAOIFI Preference Share screen?

Can I buy Oppenheimer (OPY) stock on Tabadulat?

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