Shariah compliance overview
Not HalalOpen Text Corporation (OTEX) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Open Text Corporation
Open Text Corporation specializes in the creation, development, and distribution of advanced software and comprehensive solutions designed for information management.
Open Text Corporation (OTEX) operates in the Technology sector, in the Software - Application industry.
Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.
- Business Activity
- 0.80%Limit 5%Pass
- Interest-bearing debt
- 70.06%Limit 30%Fail
- Interest-bearing securities and assets
- 11.61%Limit 30%Pass
- Dividend purification
- 0.80%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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Company Profile
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Frequently asked questions
Quick answers about Open Text Corporation (OTEX). Current Akinda screening label: Not Halal.
