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Shariah compliance overview

Halal

Ondo InsurTech Plc (ONDO.L) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Ondo InsurTech Plc

Ondo InsurTech Plc, together with its subsidiaries, provides domestic leak detection services and technology in the United Kingdom, Nordics, and the United States. It offers LeakBot, a water leak claims prevention system; and engages in distribution activities.

Ondo InsurTech Plc (ONDO.L) operates in the Financial Services sector, in the Financial - Conglomerates industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.13% (limit 5%), interest-bearing debt is 24.97% (limit 30%) and interest-bearing securities and assets are 4.23% (limit 30%).

If you hold ONDO.L, give 0.13% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.13%Limit 5%Pass
Interest-bearing debt
24.97%Limit 30%Pass
Interest-bearing securities and assets
4.23%Limit 30%Pass
Dividend purification
0.13%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Ondo InsurTech Plc (ONDO.L). Current Akinda screening label: Halal.