Wahed FTSE USA Shariah ETF vs Okta, Inc. — how do they compare? Wahed FTSE USA Shariah ETF trades at $71.3, while Okta, Inc. trades at $141.22 (market cap $25.79B). Which is the better fit depends on your goals.
| HLAL | OKTA | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $73.60 | $154.62 |
52-Week Low | $54.05 | $62.93 |
Market Cap | — | $25.79B |
Enterprise Value | — | $23.62B |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
OKTA trades at $141.63, down 5.17% in the last session amid broader market volatility. The stock shows strong fundamental improvement with revenue growing to $2.61B in 2025 and achieving positive net income of $28M after years of losses. Technical indicators suggest a bullish trend with strong moving average signals, while oscillators remain neutral. Recent analyst coverage remains overwhelmingly positive with 37 buy ratings versus 2 sell ratings.
The outlook remains constructive given OKTA's position in the growing cybersecurity sector and improving profitability. Key risks include high valuation multiples (P/E of 107.54) and competitive pressures. The consensus price target of $127.96 suggests potential downside from current levels, though the high target of $175.00 indicates significant upside potential if execution continues.
Trailing returns across standard periods
HLAL is an ETF that invests in Shariah-compliant US companies. It follows a rigorous screening process to exclude businesses involved in non-compliant activities like interest-based finance, alcohol, and gambling.
Read more on HLAL →Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →