MTN Group Ltd MTNOF
$14.56
Last Updated: Jul 17, 12:00 AM·OOTC
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MTNOF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, MTN Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
MTN Group Ltd. Stock Analysis MTNOF
United States Communication Services Large Cap MTN Group Ltd. engages in the provision of voice, data, fintech, digital, enterprise, wholesale, and application programming interface services. The company is headquartered in Johannesburg, Gauteng. The firm's geographical segments include South Africa, Nigeria, South and East Africa (SEA), West and Central Africa (WECA), and Middle East and North Africa (MENA). South Africa and Nigeria comprise the segment information for the South African and Nigerian cellular network service providers respectively. The SEA, WECA, and MENA comprise segment information for operations in those regions which are also network service providers. Its fintech solutions include in-store payments, remittances, prepaid services, mobile wallets, micro-loans, and micro-insurance. MTN MoMo is a fintech platform providing consumers and businesses digital financial services. Its digital solution includes ayoba, which allows users to chat, call, follow localized content channels and micro-apps as well as play games and listen to music.
MTN Group Ltd (MTNOF) Chart
Financial Metrics & Statements of MTN Group Ltd (MTNOF)
FAQ's for MTN Group Ltd (MTNOF)
- As of August 2026, MTN Group Ltd MTNOF 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 MTN Group Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in MTN Group 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.
- Musaffa determines the Shariah status of MTN Group Ltd 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 MTN Group Ltd 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 MTN Group Ltd 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 MTN Group Ltd (MTNOF)
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