Oscar Health, Inc. (OSCR) - Not Halal (Non-Compliant)
Oscar Health, Inc. (OSCR) is classified as Not Halal (Non-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
- Healthcare Plans
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Healthcare Plans" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 9.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 192.9% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Oscar Health, Inc.
Oscar Health, Inc. operates as a healthcare technology company in the United States. The company offers health plans to individuals, families, employees, and small group markets. It also provides +Oscar platform that power others throughout the healthcare system; Campaign Builder platform, an engagement and recommendation platform for providers and payors; and reinsurance products. In addition, the company offers brokerage services and enrollment platform for brokers and consumers to shop, buy, and enroll in medical and supplemental health products. The company was formerly known as Mulberry Health Inc. and changed its name to Oscar Health, Inc. in January 2021. Oscar Health, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Frequently Asked Questions
Is Oscar Health, Inc. (OSCR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Oscar Health, Inc. (OSCR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Oscar Health, Inc. have any interest income?
Oscar Health, Inc.'s interest income ratio is 192.9% of total revenue. AAOIFI standards require this to be below 30%.

