Is Omada Health, Inc. (OMDA) Stock Halal or Haram?
Omada Health, Inc. (OMDA) - Halal (Shariah-Compliant)
Omada Health, Inc. (OMDA) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
Healthcare
Industry
Health Information Services
Result
Pass
Reason
The sector "Healthcare" and industry "Health Information Services" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 0.0% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 23.0% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 2.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 2.04%.Based on the company's financial statements, approximately 2.04% of dividend income should be donated to charity for purification. This is derived from identified interest income (2.04% of total income). Some scholars may differ on the exact calculation method.
About Omada Health, Inc.
Omada Health, Inc., together with its subsidiary, Physera, Inc., provides a range of virtual care programs in the United States. The company offers cardiometabolic programs for prediabetes, diabetes, and hypertension; a physical therapy program to address musculoskeletal conditions; other support programs for members taking glucagon-like peptide-1 agonists in its cardiometabolic program; and weight management programs, as well as various behavioral health support programs. It also delivers virtual care. The company offers its programs for employers, health plans and systems, and pharmacy benefits managers through its direct sales force and channel partners. The company was incorporated in 2011 and is headquartered in South San Francisco, California.
Frequently Asked Questions
Is Omada Health, Inc. (OMDA) stock halal to invest in?
According to AAOIFI Shariah screening standards, Omada Health, Inc. (OMDA) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Based on the company's financial statements, approximately 2.04% of dividend income should be donated to charity for purification. This is derived from identified interest income (2.04% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Omada Health, Inc.
Omada Health, Inc., together with its subsidiary, Physera, Inc., provides a range of virtual care programs in the United States. The company offers cardiometabolic programs for prediabetes, diabetes, and hypertension; a physical therapy program to address musculoskeletal conditions; other support programs for members taking glucagon-like peptide-1 agonists in its cardiometabolic program; and weight management programs, as well as various behavioral health support programs. It also delivers virtual care. The company offers its programs for employers, health plans and systems, and pharmacy benefits managers through its direct sales force and channel partners. The company was incorporated in 2011 and is headquartered in South San Francisco, California.
United StatesNASDAQHealthcare
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on May 8, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
Get More on the Mizaan App
Live charts, market cap, financials, AI business analysis, portfolio tracking, and compliance alerts — all on your phone.
Frequently Asked Questions
According to AAOIFI Shariah screening standards, Omada Health, Inc. (OMDA) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Omada Health, Inc.'s interest income ratio is 23.0% of total revenue. AAOIFI standards require this to be below 30%.
OMDA is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Omada Health, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save OMDA to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Omada Health, Inc. require purification. Approximately 2.04% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Omada Health, Inc.'s interest income ratio is 23.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if OMDA stock is Shariah-compliant?
OMDA is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Omada Health, Inc. stock reviewed for Shariah compliance?
Omada Health, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Omada Health, Inc.'s compliance status?
You can save OMDA to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Omada Health, Inc. stock considered halal?
Dividends from Omada Health, Inc. require purification. Approximately 2.04% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Omada Health, Inc. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.