ORIONot HalalF
Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 9, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Orion Digital Corp. (ORIO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 9, 2026. Source: https://halalscreener.app/en/stock/ORIO

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%.

230.2% of 30.0% limit
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding ORIO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Orion Digital Corp.

ORIO: Is Orion Digital Corp. Halal?

Orion Digital Corp.

NASDAQTechnologyCA

$1.01

Market Cap: 24.0M

Screened on a market cap of 35.4M

Get an email if ORIO's halal status changes

We re-screen Orion Digital Corp. daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Orion Digital Corp.

Orion Digital Corp. operates as a global financial technology firm, with its reach extending across Canada, Europe, and other international markets. The company is dedicated to empowering its members through digital solutions that pave the way for increased wealth accumulation and financial autonomy. Its suite of offerings includes MogoTrade, a specialized stock trading application; the Moka platform; and MogoMoney, which facilitates online personal loans. Furthermore, Orion Digital Corp. provides digital mortgage and various loan services, and it manages a payment processing infrastructure that supports next-generation card programs for businesses in Europe and Canada. Known previously as Mogo Inc., the entity is scheduled to officially adopt the name Orion Digital Corp. in December 2025. The company's corporate headquarters are situated in Vancouver, Canada.

Sector: Technology · Industry: Software - Infrastructure

Why this does not pass

  • Interest-bearing debt is 230.2% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.
  • Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 9, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why ORIO is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

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 Technology

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

Free · No credit card required

Know the day ORIO's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Orion Digital Corp. (ORIO) halal to invest in?
Orion Digital Corp. (ORIO) 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 Orion Digital Corp. get a F compliance rating?
Orion Digital Corp. (ORIO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 230.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Orion Digital Corp.'s Shariah verdict?
Orion Digital Corp.'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 Orion Digital Corp. re-screened for Shariah compliance?
Orion Digital Corp. (ORIO) 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: Oct 9, 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.