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Is AT&T (T) stock halal to invest in?

AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents,... Read More

Industry: Diversified Telecommunication Services Sector: Communication Services

Currently in review check back by end of Jan 2022

AT&T (T)

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Report Summary

  • A material part of the business’s revenue comes from Haram.
  • Interest is somewhat relied on to run the company.
  • It is questionable whether the company’s net impact is positive or negative on at least one of the following: environment, society or governance.
What are Halal Investors' Comfort Levels?
Our Comfort Levels are based on our analysts’ latest review of a company's business, finances, and Environmental, Social and Governance (ESG) Impact. Our reports are not meant to be understood as a religious ruling (fatwa). Rather, they represent our best efforts in trying to identify whether a company is engaged in anything forbidden in Islam (haram) and to what extent. Based on our analysis, we determine our Comfort Level with investing in the company. We encourage readers to let us know if we missed anything in the comments and to voice their agreement/disagreement by leaving a thumbs up/down. Read more about our methodology.

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