What is OPENLANE, Inc.'s Shariah compliance score?

OPENLANE, Inc. (OPLN) has a Shariah compliance score of 87/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does OPENLANE, Inc. pass AAOIFI screening?

OPENLANE, Inc. (OPLN) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (OPLN: 12.7%), (3) interest-bearing deposits below 30% (OPLN: 3.3%), and (4) prohibited income below 5% (OPLN: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for OPENLANE, Inc. stock?

OPENLANE, Inc. (OPLN) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from OPLN shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen OPENLANE, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for OPENLANE, Inc. (OPLN) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about OPLN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

OPLN: Is OPENLANE, Inc. Halal?

OPENLANE, Inc.

NYSEConsumer CyclicalUS

$40.73

+2.98%

Market Cap: 4.3B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Very Good

87Score

Is OPENLANE, Inc. (OPLN) halal? Halal. Based on AAOIFI screening, OPENLANE, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

12.7% of 30.0% limit

What this means for you

You can own OPLN

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About OPENLANE, Inc.

OPENLANE, Inc., including its various subsidiaries, functions as a leading digital platform designed for the transaction of pre-owned vehicles, connecting buyers and sellers across major markets in the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are distinctly divided into two primary segments: Marketplace and Finance. The Marketplace segment offers comprehensive digital services for both acquiring and divesting used vehicles. This is augmented by an array of value-added ancillary services, such as inbound and outbound transportation logistics, vehicle reconditioning, detailed inspection and certification, titling assistance, administrative support, and collateral recovery. A key component of this segment is the OPENLANE platform, a mobile application-enabled solution that empowers dealerships to effectively source and sell their inventory. The clientele for this segment is diverse, including commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealerships, and vehicle manufacturers. Conversely, the Finance segment specializes in providing floorplan financing. This entails offering short-term, inventory-secured capital specifically to independent vehicle dealers. Established in 2006 and headquartered in Carmel, Indiana, the company underwent a name change in May 2023, transitioning from its former identity as KAR Auction Services, Inc. to OPENLANE, Inc.

Sector: Consumer Cyclical · Industry: Auto - Dealerships

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is OPENLANE, Inc. (OPLN) halal to invest in?

Based on AAOIFI Standard 21 screening, OPENLANE, Inc. (OPLN) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did OPENLANE, Inc. get a A compliance rating?

OPENLANE, Inc. (OPLN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 12.7% (limit 30%); interest-bearing deposits of 3.3% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change OPENLANE, Inc.'s Shariah verdict?

OPENLANE, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is OPENLANE, Inc. re-screened for Shariah compliance?

OPENLANE, Inc. (OPLN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.