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Shariah compliance overview

Not Halal

Ormat Technologies, Inc. (ORA) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Ormat Technologies, Inc.

Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal and recovered energy power solutions, with significant operations in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and various other international locations.

Ormat Technologies, Inc. (ORA) operates in the Utilities sector, in the Renewable Utilities industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.60%Limit 5%Pass
Interest-bearing debt
55.47%Limit 30%Fail
Interest-bearing securities and assets
5.52%Limit 30%Pass
Dividend purification
0.60%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 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 Ormat Technologies, Inc. (ORA). Current Akinda screening label: Not Halal.