Is Mahanagar Telephone Nigam Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mahanagar Telephone Nigam Ltd (MTNL.NS) is currently classified as NOT HALAL as of December 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 Mahanagar Telephone Nigam Ltd 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 Mahanagar Telephone Nigam Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mahanagar Telephone Nigam Ltd?

Muslim investors may consider investing in Mahanagar Telephone Nigam Ltd 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 Mahanagar Telephone Nigam Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mahanagar Telephone Nigam Ltd 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 Mahanagar Telephone Nigam Ltd updated?

The Shariah compliance status of Mahanagar Telephone Nigam Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mahanagar Telephone Nigam Ltd 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 Mahanagar Telephone Nigam Ltd?

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

MTNL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 23, 2025

Report Source: 2026 2nd Quarter Report

Mahanagar Telephone Nigam Ltd. Stock Analysis MTNL.NS

India Communication Services Micro Cap Report: Q2, 2026

Mahanagar Telephone Nigam Ltd. engages in the provision of telecommunications services. The company is headquartered in New Delhi, Delhi and currently employs 3,031 full-time employees. The firm is a provider of fixed-line telecommunication service in the two metropolitan cities of Delhi and Mumbai. Its segments include Basic and Cellular. Its mobile services include prepaid, postpaid, third generation (3G) data plans, 3G settings, mobile television, international calling, value-added services, mobile connection requests, and mobile recharge. The company also provides toll-free services, leased circuits, Web hosting, industrial training, toll-free services, universal access numbers, and virtual card calling. The company offers mobile services in the city of Delhi, including Noida, Gurgaon, Faridabad and Ghaziabad and the Mumbai city, along with the areas falling under the Mumbai Municipal Corporation, New Mumbai Corporation and Thane Municipal Corporation. Its subsidiaries include Mahanagar Telephone (Mauritius) Limited, Millennium Telecom Limited, MTML International Limited and others.

Key Statistics of Mahanagar Telephone Nigam Ltd (MTNL.NS)

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

Today's Range

₹28.92₹29.88

Today's Open

₹29.74

Volume

879.54K

P/E Ratio (TTM)

52 Week Range

₹21.26₹58.20

Market Cap

19.61B

Avg. Volume

1.84M

Dividend Yield

Financial Metrics & Statements of Mahanagar Telephone Nigam Ltd (MTNL.NS)

FAQ's for Mahanagar Telephone Nigam Ltd (MTNL.NS)

According to Musaffa’s Shariah screening methodology, Mahanagar Telephone Nigam Ltd (MTNL.NS) is currently classified as NOT HALAL as of December 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.