Is BCE INC (BCE) Halal?

NYSE Communication Services Canada $23.6B
✗ NOT HALAL
Confidence: 90/100
BCE INC (BCE) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 166.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. BCE INC operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 166.7%
/ 30%
8.1%
/ 30%
20.4%
/ 30%
0.5%
/ 5%
✗ NOT HALAL
DJIM 166.7%
/ 33%
8.1%
/ 33%
20.4%
/ 33%
0.5%
/ 5%
✗ NOT HALAL
MSCI 55.1%
/ 33%
2.7%
/ 33%
6.8%
/ 33%
0.5%
/ 5%
✗ NOT HALAL
S&P 166.7%
/ 33%
8.1%
/ 33%
20.4%
/ 33%
0.5%
/ 5%
✗ NOT HALAL
FTSE 55.1%
/ 33%
2.7%
/ 33%
6.8%
/ 50%
0.5%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
5.1
Forward: 13.0
EPS
$4.91
Dividend Yield
506.0%
Payout: 34.0%
P/B Ratio
1.7
EV/EBITDA
7.9
EV: $67.9B
Revenue
$24.5B
Growth: -0.3%
Beta
0.6
Low volatility
Current Ratio
0.6

Profitability

Gross Margin 45.0%
Operating Margin 19.5%
Net Margin 26.4%
Return on Equity (ROE) 32.0%
Return on Assets (ROA) 4.4%

Cash Flow & Balance Sheet

Operating Cash Flow$7.0B
Free Cash Flow$3.3B
Total Debt$41.1B
Debt-to-Equity176.1
Current Ratio0.6
Total Assets$80.2B

Price & Trading

Last Close$25.47
50-Day MA$25.64
200-Day MA$24.08
Avg Volume3.5M
Beta0.6
52-Week Range
$20.28
$26.52

About BCE INC (BCE)

CEO
Mr. Mirko Bibic
Employees
38,683
Website
Sector
Communication Services
Industry
Telecom Services
Country
Canada
Exchange
NYSE
Market Cap
$23.6B
Currency
USD

BCE Inc., a communications company, provides wireless, wireline, internet, streaming services, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Communication and Technology Services Canada, Bell Communication and Technology Services United States, and Bell Media. The Bell Communication and Technology Services Canada segment provides wireless products and services, including mobile data and voice plans, streaming services, and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and AI-driven and business solutions, as well as voice, and other communication services and products, satellite TV and connectivity services for residential, small and medium-sized business, and large enterprise customers. This segment also buys and sells local telephone, long distance, and data and other services to resellers and other carriers. The Bell Communication and Technology Services United States segment provides wireline communication products and services comprising data, including broadband Internet, commercial ethernet, dedicated Internet-non-switched access, and other data transport networking options; and voice, including traditional and voice over Internet protocol voice services, such as local, long distance, and unified communications as a service and video products to residential, business, and wholesale customers. The Bell Media segment provides a portfolio of video, audio, out-of-home advertising, and digital media services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

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Frequently Asked Questions

Is BCE INC (BCE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BCE INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is BCE INC's debt ratio?

BCE INC's debt ratio is 166.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 55.1%.

What are BCE INC's key financial metrics?

BCE INC has a market capitalization of $23.6B, trailing P/E ratio of 5.1, and revenue of $24.5B. The company maintains a gross margin of 45.0% and a net margin of 26.4%. Return on equity stands at 32.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.