Is OSI Systems, Inc. (OSIS) halal? Doubtful. Based on AAOIFI screening, OSI Systems, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 76/100 (Grade: B+).

OSIS: Is OSI Systems, Inc. Halal?
DoubtfulOSI Systems, Inc.
$231.02
+5.99%
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 路 Industry: Hardware, Equipment & Parts
Why This Stock Is Doubtful
- Debt is 26.3% of market cap, only 3.7 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Good
Good compliance with minor concerns
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Doubtful, unchanged since Jun 2026.
No status changes recorded since we began tracking.
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your OSIS Dividends
Calculate your purification amount for OSIS dividends based on AAOIFI standards.
Financial Overview
Market Cap
3.8B
Price
$231.02
Sector
Technology
Industry
Hardware, Equipment & Parts
More Technology Stocks
Track OSIS and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is OSI Systems, Inc. (OSIS) halal to invest in?
Why did OSI Systems, Inc. get a B+ compliance rating?
What could change OSI Systems, Inc.'s Shariah verdict?
How often is OSI Systems, Inc. re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 路 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.