TURK TELEKOM (TTKOM.IS) - Not Halal (Non-Compliant)
TURK TELEKOM (TTKOM.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
- Communication Services
- Industry
- Telecom Services
- Result
- Pass
- Reason
- The sector "Communication Services" and industry "Telecom Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 72.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 13.3% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 3.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.22%.Based on the company's financial statements, approximately 3.22% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.22% of total income). Some scholars may differ on the exact calculation method.
About TURK TELEKOM
Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, operates as an integrated telecommunication company in Turkey. The company operates in two segments, Fixed Line and Mobile. The company offers mobile, Internet, phone and TV products and services under the Türk Telekom brand. It also provides PSTN and wholesale broadband services; retail internet services, IPTV, satellite TV, Web TV, mobile TV, and smart TV services; convergence technologies; IT solutions; online education software; call center services; project development and corporate venture capital services; electric supply and sales services; combined facilities support services; wholesale data and capacity services; and financial technology services. In addition, the company offers TV broadcasting and VOD services; telecommunications devices; payment and e-money services; and web portal and computer programming services. The company was founded in 1840 and is headquartered in Ankara, Turkey. Türk Telekomünikasyon Anonim Sirketi is a subsidiary of LYY Telekomünikasyon A.S.
Frequently Asked Questions
Is TURK TELEKOM (TTKOM.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, TURK TELEKOM (TTKOM.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

