Is Parlem Telecom Companyia de Telecomunicacions SA Stock Halal?
Shariah Compliance Analysis of 4HW.SG Stock
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No. As of October 2026, Parlem Telecom Companyia de Telecomunicacions SA (4HW.SG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Parlem Telecom Companyia de Telecomunicacions SA does not pass Musaffa's business and financial screening criteria.
Parlem Telecom Companyia de Telecomunicacions SA engages in the provision and operation of telecommunication services. The company is headquartered in Barcelona, Barcelona and currently employs 135 full-time employees. The company went IPO on 2021-06-22. The firm offers prepaid and contract mobile phone, fiber-optic and asymmetric digital subscriber line (ADSL) Internet, landline and television services, as well as the provision of information services and telephone assistance. The Company’s activities are divided into two segments: Residential and Business. The Residential segment provides telecommunication solutions to individuals and the Business division is focused on corporate customers. Parlem serves its clients mainly in the region of Catalonia. The firm operates through subsidiaries, including Lemon Telecom SL and Octel Telecom & Tech SL, among others.
Parlem Telecom Companyia de Telecomunicacions SA 4HW.SG
€0.80 €0.07 (7.56%) 1D
Last Updated: Oct 09, 12:00 AM·XSTU
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4HW.SG Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Parlem Telecom Companyia de Telecomunicacions SA is classified as not halal.
NOT HALAL
Parlem Telecom Companyia de Telecomunicacions SA (4HW.SG) Chart
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Financial Metrics & Statements of Parlem Telecom Companyia de Telecomunicacions SA (4HW.SG)
FAQ's for Parlem Telecom Companyia de Telecomunicacions SA (4HW.SG)
As of October 2026, Parlem Telecom Companyia de Telecomunicacions SA 4HW.SG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Parlem Telecom Companyia de Telecomunicacions SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Parlem Telecom Companyia de Telecomunicacions SA if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Parlem Telecom Companyia de Telecomunicacions SA by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Parlem Telecom Companyia de Telecomunicacions SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Parlem Telecom Companyia de Telecomunicacions SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Parlem Telecom Companyia de Telecomunicacions SA (4HW.SG)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.