Is Cellnex Telecom SA halal to invest in?

According to Musaffa's Shariah screening methodology, Cellnex Telecom SA (CLNX.MC) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Cellnex Telecom SA a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Cellnex Telecom SA using these criteria to determine its compliance status.

Can Muslims buy shares of Cellnex Telecom SA?

Muslim investors may consider investing in Cellnex Telecom 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.

Why is Cellnex Telecom SA classified as NOT HALAL?

Musaffa determines the Shariah status of Cellnex Telecom SA by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Cellnex Telecom SA updated?

The Shariah compliance status of Cellnex Telecom SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Cellnex Telecom SA become non-compliant?

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.

Where can I check the Shariah status of Cellnex Telecom SA?

You can check the latest Shariah compliance status of Cellnex Telecom SA on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

CLNX.MC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 30, 2025

Report Source: 2025 1st Quarter Report

Cellnex Telecom SA. Stock Analysis CLNX.MC

Spain Communication Services Large Cap Report: Q1, 2025

Cellnex Telecom SA engages in the operation of wireless telecommunications and broadcasting infrastructures. The company is headquartered in Madrid, Madrid and currently employs 2,663 full-time employees. The company went IPO on 2015-04-23. The firm engaged in the wireless telecommunications (telecom) business. Its activities are divided into three segments: Broadcasting infrastructure, Telecom site rental, as well as Network services and other. Its broadcasting infrastructure division comprises distribution and transmission of television (TV) and frequency modulation (FM) radio signals, operation and maintenance (O&M) of radio broadcasting network, as well as over-the-top (OTT) radio services, among others. The firm's telecom site rental division provides access to wireless infrastructure, primarily through infrastructure hosting and telecom equipment co-location, mainly for mobile network operators and other wireless and broadband telecom network operators. Its network services and other division offers connectivity services for a variety of telecom operators and radio communication, among others.

Key Statistics of Cellnex Telecom SA (CLNX.MC)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

€28.35€28.96

Today's Open

€28.76

Volume

914.39K

P/E Ratio (TTM)

52 Week Range

€24.72€35.69

Market Cap

17.76B

Avg. Volume

1.58M

Dividend Yield

0.06%

Financial Metrics & Statements of Cellnex Telecom SA (CLNX.MC)

FAQ's for Cellnex Telecom SA (CLNX.MC)

According to Musaffa’s Shariah screening methodology, Cellnex Telecom SA (CLNX.MC) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.