Is Millicom International Cellular SA halal to invest in?

According to Musaffa's Shariah screening methodology, Millicom International Cellular SA (TIGO) is currently classified as NOT HALAL as of March 2026. 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 Millicom International Cellular 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 Millicom International Cellular SA using these criteria to determine its compliance status.

Can Muslims buy shares of Millicom International Cellular SA?

Muslim investors may consider investing in Millicom International Cellular 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 Millicom International Cellular SA classified as NOT HALAL?

Musaffa determines the Shariah status of Millicom International Cellular 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 Millicom International Cellular SA updated?

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

Can a halal stock like Millicom International Cellular 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 Millicom International Cellular SA?

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

TIGO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 26, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Millicom International Cellular SA (TIGO)

Based on 14 analysts giving stock ratings to Millicom International Cellular SA in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Millicom International Cellular SA. Stock Analysis TIGO

United States Communication Services Large Cap Report: 2025 Annual

Millicom International Cellular SA engages in the cable and mobile services. The firm provides a wide range of fixed line and mobile communications services, cable and satellite television, mobile financial services and local content, such as music and sports, to both private and business customers. The company offers digital services and products through the business brands TIGO which includes TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. The segments include Latin America, which focuses on mobile and cable services; and Africa, which covers mobile services with a focus on business-to-business customers.

Key Statistics of Millicom International Cellular SA (TIGO)

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

Today's Range

$79.13$82.35

Today's Open

$81.30

Volume

1.02M

P/E Ratio (TTM)

10.44

52 Week Range

$34.91$85.26

Market Cap

14.04B

Avg. Volume

1.34M

Dividend Yield

5.49%

Financial Metrics & Statements of Millicom International Cellular SA (TIGO)

FAQ's for Millicom International Cellular SA (TIGO)

According to Musaffa’s Shariah screening methodology, Millicom International Cellular SA (TIGO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.