Is SMARTOPTICS GROUP AS (SMOPF) Stock Halal or Haram?
SMARTOPTICS GROUP AS (SMOPF) - Halal (Shariah-Compliant)
SMARTOPTICS GROUP AS (SMOPF) 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
Technology
Industry
Communication Equipment
Result
Pass
Reason
The sector "Technology" and industry "Communication Equipment" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 3.4% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 1.2% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.24%.Based on the company's financial statements, approximately 0.24% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.24% of total income). Some scholars may differ on the exact calculation method.
About SMARTOPTICS GROUP AS
Smartoptics Group ASA provides optical networking solutions and devices in the Americas, Europe, the Middle East, Africa, and the AsiaPacific. Its products include flexible open-line systems; multiplexers and optical add/drop multiplexers; modular transponders and muxponders; optical transceivers; active and passive systems; and optical transceivers datasheets, as well as Sosmart software suite. Its solutions are used in metro and regional network applications, as well as in metro access networks. The company serves enterprises, governments, cloud providers, Internet exchanges, and cable and telecom operators through its sales force; and business partners, which include distributors, OEMs, and VARs. The company was founded in 1990 and is headquartered in Oslo, Norway.
Frequently Asked Questions
Is SMARTOPTICS GROUP AS (SMOPF) stock halal to invest in?
According to AAOIFI Shariah screening standards, SMARTOPTICS GROUP AS (SMOPF) 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 0.24% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.24% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About SMARTOPTICS GROUP AS
Smartoptics Group ASA provides optical networking solutions and devices in the Americas, Europe, the Middle East, Africa, and the AsiaPacific. Its products include flexible open-line systems; multiplexers and optical add/drop multiplexers; modular transponders and muxponders; optical transceivers; active and passive systems; and optical transceivers datasheets, as well as Sosmart software suite. Its solutions are used in metro and regional network applications, as well as in metro access networks. The company serves enterprises, governments, cloud providers, Internet exchanges, and cable and telecom operators through its sales force; and business partners, which include distributors, OEMs, and VARs. The company was founded in 1990 and is headquartered in Oslo, Norway.
NorwayOTCTechnology
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 4, 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.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, SMARTOPTICS GROUP AS (SMOPF) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
SMARTOPTICS GROUP AS's interest income ratio is 1.2% of total revenue. AAOIFI standards require this to be below 30%.
SMOPF 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.
SMARTOPTICS GROUP AS'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 SMOPF 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 SMARTOPTICS GROUP AS require purification. Approximately 0.24% 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.
Does SMARTOPTICS GROUP AS have any interest income?
SMARTOPTICS GROUP AS's interest income ratio is 1.2% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if SMOPF stock is Shariah-compliant?
SMOPF 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 SMARTOPTICS GROUP AS stock reviewed for Shariah compliance?
SMARTOPTICS GROUP AS'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 SMARTOPTICS GROUP AS's compliance status?
You can save SMOPF 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 SMARTOPTICS GROUP AS stock considered halal?
Dividends from SMARTOPTICS GROUP AS require purification. Approximately 0.24% 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 SMARTOPTICS GROUP AS 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.
