OSISNot HalalF
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OSI Systems, Inc.

OSIS: Is OSI Systems, Inc. Halal?

OSI Systems, Inc.

NASDAQTechnologyUS

$206.75

Price as of Sep 3, 2026

Market Cap: 3.4B

Compliance Status

Not Halal

Screened on Sep 10, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates OSI Systems, Inc. (OSIS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 10, 2026. Source: https://halalscreener.app/en/stock/OSIS

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%.

30.8% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding OSIS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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About OSI Systems, Inc.

OSI Systems, Inc. (OSIS) is a global company specializing in the design and production of advanced electronic systems and components. Its operations are structured across three distinct business segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security division focuses on comprehensive screening and detection technologies. This includes systems for inspecting luggage, packages, cargo, vehicles, and individuals, alongside solutions for radiation, explosive, and narcotics detection. Key product lines are marketed under names such as Rapiscan Systems, AS&E, and Gatekeeper. Beyond hardware, the segment delivers integrated security screening services, including site planning, installation, user training, and ongoing technical support, with dedicated solutions offered via the S2 brand. Within the Healthcare segment, the company provides patient monitoring and diagnostic cardiology systems, complete with necessary supplies and accessories. These critical care solutions, branded predominantly as Spacelabs, are deployed in a range of medical environments, including hospitals (specifically critical care, emergency rooms, and surgical areas), physicians' offices, medical clinics, and ambulatory surgery centers. The Optoelectronics and Manufacturing segment supplies various optoelectronic devices, marketed under brand names such as OSI Optoelectronics, OSI LaserDiode, OSI Laserscan, Semicoa, and Advanced Photonix. These devices cater to diverse high-tech sectors including aerospace, defense, avionics, medical imaging and diagnostics, biochemical analysis, pharmaceuticals, nanotechnology, telecommunications, construction, and homeland security. Additionally, it provides electronics manufacturing services (EMS) to both original equipment manufacturers (OEMs) and direct end-users, serving applications in medical, automotive, defense, aerospace, industrial, and consumer sectors through brands like OSI Electronics, APlus Products, Altaflex, and PFC. This segment also produces LCD displays for medical, industrial, and consumer electronics, along with flexible circuits tailored for OEM clients. Further expanding its offerings, the segment develops laser-based remote sensing technology, notably under the OSI Laserscan and Autosense brands, to identify and categorize vehicles in toll collection and traffic management systems. It also manufactures solid-state laser products, specifically for aerospace, defense, telecommunications, and medical applications, marketed under the OSI LaserDiode name. Established in 1987, OSI Systems is headquartered in Hawthorne, California.

Sector: Technology · Industry: Hardware, Equipment & Parts

Why this does not pass

  • Interest-bearing debt is 30.8% of market cap, over the 30% AAOIFI 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 Sep 10, 2026

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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.

Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Sep 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

  4. Doubtful

    until the change above

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

Fiscal: FY 2026Data source: EDGAR

Halal Alternatives in Technology

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 OSI Systems, Inc. (OSIS) halal to invest in?
OSI Systems, Inc. (OSIS) 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 OSI Systems, Inc. get a F compliance rating?
OSI Systems, Inc. (OSIS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change OSI Systems, Inc.'s Shariah verdict?
OSI Systems, 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 OSI Systems, Inc. re-screened for Shariah compliance?
OSI Systems, Inc. (OSIS) 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: Sep 10, 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.