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Is Ooredoo (ORDS) halal?

Qatar Exchange (QSE) · Telecommunications
Not compliant

Ooredoo is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 35.6% of market capitalisation (limit 30%); non-permissible (interest) income is 2.4% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation35.6%< 30%Over limit
Non-permissible income ÷ revenue2.4%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Ooredoo

Ooredoo Q.P.S.C. is a telecommunications and information technology provider headquartered in Doha, Qatar. It plays a pivotal role in delivering mobile, broadband, and enterprise managed services across the Middle East, North Africa, and Southeast Asia. The company primarily focuses on catering to both consumer and business markets, covering a broad spectrum of communication needs from voice calls and messaging to the latest high-speed internet connections and digital…

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Frequently asked questions

Is Ooredoo (ORDS) halal?

Ooredoo is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 35.6% of market capitalisation (limit 30%); non-permissible (interest) income is 2.4% of revenue (limit 5%).

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of Ooredoo's dividends should be purified?

About 2.4% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-14.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-14). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.