Optimum Communications, Inc.

OPTU: Is Optimum Communications, Inc. Halal?

Optimum Communications, Inc.

NYSECommunication ServicesUS

$0.84

+1.33%

Market Cap: 393.4M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Optimum Communications, Inc. (OPTU) halal? Not Halal. Based on AAOIFI screening, Optimum Communications, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

6661.4% of 30.0% limit

What this means for you

Most scholars advise not holding OPTU

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Optimum Communications, Inc.

Optimum Communications, Inc. delivers a diverse range of services, encompassing high-speed internet, subscription television, and telephone connectivity. Additionally, the company produces its own digital content and offers various advertising solutions. Its broad portfolio of brands includes Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. Patrick Drahi established the firm in 2001, and its primary headquarters are located in Long Island City, NY.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Optimum Communications, Inc. (OPTU) halal to invest in?
Optimum Communications, Inc. (OPTU) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Optimum Communications, Inc. get a F compliance rating?
Optimum Communications, Inc. (OPTU) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6661.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Optimum Communications, Inc.'s Shariah verdict?
Optimum Communications, 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 Optimum Communications, Inc. re-screened for Shariah compliance?
Optimum Communications, Inc. (OPTU) 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: Aug 12, 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.