NETAS TELEKOM. (NETAS.IS) - Not Halal (Non-Compliant)
NETAS TELEKOM. (NETAS.IS) 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
- 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: 89.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 17.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.41%.Based on the company's financial statements, approximately 0.41% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.41% of total income). Some scholars may differ on the exact calculation method.
About NETAS TELEKOM.
Netas Telekomünikasyon A.S. provides end-to-end information and communication technology infrastructures to service providers and institutions in Turkey and internationally. It operates through four segments: Telecom, System Integration, Technology, and BDH. The company offers internet of things, service management, event management and ticket sales, energy management, water meter and meter reading management, load performance test, device farm, BDD based test automation, and high security media platform. It also provides various solutions, including cyber security, data center, localized, mobile broadband, corporate, public, international markets, telecommunication, and strategic communication solutions; and managed services, cyber security operation center, Netas network operation center, and informatics support services. The company was founded in 1967 and is headquartered in Istanbul, Turkey.
Frequently Asked Questions
Is NETAS TELEKOM. (NETAS.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, NETAS TELEKOM. (NETAS.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

