No. As of September 2026, Telefonaktiebolaget LM Ericsson (ERIC B.ST) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Telefonaktiebolaget LM Ericsson does not pass Musaffa's business and financial screening criteria.
Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. The firm's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. The company develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.
Telefonaktiebolaget LM Ericsson ERIC B.ST
Last Updated: Sep 28, 12:00 AM·OMXS
ERIC B.ST Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Telefonaktiebolaget LM Ericsson is classified as not halal.
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