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Is Verizon Communications (VZ) halal?

NYSE · Communication Services — Telecom
Not compliant

Verizon Communications is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 90.6% of market capitalisation (limit 30%); non-permissible (interest) income is 0.2% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation90.6%< 30%Over limit
Non-permissible income ÷ revenue0.2%< 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 Verizon Communications

Verizon Communications Inc. is a leading holding company that provides communications, information, and entertainment products and services across the United States. It operates primarily through two key segments: Consumer, which delivers wireless voice and data services, fixed wireless access broadband, and home internet via fiber and fixed wireless options, along with entertainment services like streaming video; and Business, which offers enterprise solutions including…

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Frequently asked questions

Is Verizon Communications (VZ) halal?

Verizon Communications is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 90.6% of market capitalisation (limit 30%); non-permissible (interest) income is 0.2% 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 Verizon Communications's dividends should be purified?

About 0.2% 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 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.