Is AT&T Inc. (T) stock halal?

AT&T Inc. is not considered halal under the mainstream standards. HalalGauge screens T under AAOIFI, Mufti Taqi Usmani, S&P DJIM, Ja'fari and the strict view, citing every threshold to its primary source.

Is T halal under Mufti Taqi Usmani?

Under Mufti Taqi Usmani's methodology, T is borderline. Interest-bearing debt / market cap 110.1% (limit 30%)

T · Communication Services

AT&T Inc.

Is AT&T Inc. (T) halal?

AT&T Inc. is not considered halal under the mainstream standards. Below is the verdict under each of the five mainstream scholarly standards, with the deciding numbers and the source behind every threshold.

T verdict by standard · 0 halal · 4 borderline · 1 not halal

AAOIFI Standard
Interest-bearing debt / market cap 110.1% (limit 30%)
Borderline
Mufti Taqi Usmani (stricter Hanafi)
Interest-bearing debt / market cap 110.1% (limit 30%)
Borderline
Dow Jones Islamic Market
Interest-bearing debt / market cap 110.1% (limit 33%)
Borderline
Ja'fari (Sistani-aligned)
Interest-bearing debt / market cap 110.1% (limit 33%)
Borderline
Strict / zero-tolerance
Impermissible income / revenue 0.6% (limit 0%); Interest-bearing debt / market cap 110.1% (limit 0%); Cash + interest-bearing securities / market cap 11.5% (limit 0%)
Not halal

The numbers behind the verdict

Interest-bearing debt / market cap: 110.1%
Cash + securities / market cap: 11.5%
Receivables / market cap: 5.6%
Impermissible income / revenue: 0.6%
Illiquid (tangible) assets / total: 37.0%

Thresholds and methodology differ by scholar — e.g. AAOIFI caps interest-bearing debt at 30% of market cap, DJIM at 33%, and Mufti Taqi additionally requires tangible assets to be at least 20% of total assets. That's why two screeners can disagree on the same stock.

Screen T interactively See the full balance sheet How the methodologies work

Sources

AAOIFI: AAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds)
Mufti Taqi: Mufti Taqi Usmani — published equity-screening rulings (illiquid-asset rule)
DJIM: S&P Dow Jones Islamic Market Indices — Index Methodology (Shariah Screening)
Ja'fari: Ayatollah Sistani — Code of Practice (sistani.org)
Strict: Minority scholars holding zero-tolerance on riba exposure
Financials: Q1 2026 filing

Other Communication Services tickers

Is GOOGL halal?Is GOOG halal?Is META halal?Is TCEHY halal?Is 0700.HK halal?Is NFLX halal?

HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.