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Is VEON Ltd Stock Halal?
Shariah Compliance Analysis of VEON Stock
No. As of November 2026, VEON Ltd (VEON) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VEON Ltd does not pass Musaffa's business and financial screening criteria.
VEON Ltd. is a holding company, which engages in the provision of connectivity and digital services. The firm delivers a comprehensive range of mobile and fixed‑line telecommunications services, leveraging traditional networks as well as broadband mobile technologies, and supports both prepaid and postpaid plans for consumer and enterprise segments. The Company’s mobile offerings include domestic and international roaming, value‑added services, wireless broadband, mobile financial services, and digital applications. Its fixed‑line services encompass voice and data communications, internet connectivity, data transmission, network access, domestic and international voice termination, and international transit services. In addition, the Company is engaged in the sale of telecommunications equipment, infrastructure, and related accessories.
VEON Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, VEON Ltd is classified as not halal.
NOT HALALVEON Ltd (VEON) Chart
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Financial Metrics & Statements of VEON Ltd (VEON)
FAQ's for VEON Ltd (VEON)
- As of November 2026, VEON Ltd VEON 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 VEON Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in VEON 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 VEON 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 VEON 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 VEON 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 VEON Ltd (VEON)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
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|---|---|---|---|---|---|
Kyivstar Group Ltd KYIV | $13.33 | 2.46% | $3.10B | Unlock | |
Array Digital Infrastructure Inc AD | $33.25 | 1.19% | $3.08B | Unlock | |
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