Is Bharti Airtel (BHARTIARTL) Halal?

NSE Communication Services India $11.2T
✓ HALAL
Confidence: 95/100
Bharti Airtel (BHARTIARTL) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 18.7% against the AAOIFI threshold of 30%, Bharti Airtel comfortably passes the key financial ratio tests. The company operates in the Communication Services sector (Telecom Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 18.7%
/ 30%
2.8%
/ 30%
0.7%
/ 30%
0.31%
/ 5%
✓ HALAL
DJIM 18.7%
/ 33%
2.8%
/ 33%
0.7%
/ 33%
0.31%
/ 5%
✓ HALAL
MSCI 41.5%
/ 33%
6.3%
/ 33%
1.4%
/ 33%
0.31%
/ 5%
✗ NOT HALAL
S&P 18.7%
/ 33%
2.8%
/ 33%
0.7%
/ 33%
0.31%
/ 5%
✓ HALAL
FTSE 41.5%
/ 33%
6.3%
/ 33%
1.4%
/ 50%
0.31%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
36.5
Forward: 27.8
EPS
$50.52
Dividend Yield
87.0%
Payout: 31.6%
P/B Ratio
9.0
EV/EBITDA
12.6
EV: $13.4T
Revenue
$1.7T
Growth: 19.6%
Beta
-0.1
Low volatility
Current Ratio
0.5

Profitability

Gross Margin 67.3%
Operating Margin 32.2%
Net Margin 14.9%
Return on Equity (ROE) 23.1%
Return on Assets (ROA) 7.8%

Cash Flow & Balance Sheet

Operating Cash Flow$983.3B
Free Cash Flow$586.5B
Total Debt$2.1T
Debt-to-Equity117.1
Current Ratio0.5
Total Assets$5.1T

Price & Trading

Last CloseINR 1,834.90
50-Day MAINR 1,927.87
200-Day MAINR 1,980.48
Avg Volume7.2M
Beta-0.1
52-Week Range
INR 1,669.40
INR 2,174.50

About Bharti Airtel (BHARTIARTL)

CEO
Mr. Shashwat Sharma
Employees
28,567
Sector
Communication Services
Industry
Telecom Services
Country
India
Exchange
NSE
Market Cap
$11.2T
Currency
INR

Bharti Airtel Limited operates as a telecommunications company in India and internationally. It operates through the Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Tower Infrastructure Services, Homes Services, Digital TV Services, and Others segments. The company provides voice and data telecom services through wireless technology including 2G/3G/4G/5G services; passive infrastructure service, including the setup, operation, and maintenance of wireless communication towers; home services covering voice and data communications through fixed-line network, wireless network, and broadband technology for homes; and digital TV services comprising digital broadcasting services under the DTH platform and IPTV services. It also engages in the airtel business that includes network integration, managed services, CPaaS, PaaS, cloud, cybersecurity, IoT, and data center services, as well as enterprise mobility applications. In addition, the company offers post-paid, prepaid, roaming, internet, and various value-added services, as well as mobile TV, video calls, live-streaming videos, gaming, video streaming, and other services. The company was formerly known as Bharti Tele-Ventures Limited and changed its name to Bharti Airtel Limited in April 2006. Bharti Airtel Limited was incorporated in 1995 and is headquartered in New Delhi, India.

Purification Calculator

As a halal stock with 0.31% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Bharti Airtel (BHARTIARTL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bharti Airtel is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Bharti Airtel's debt ratio?

Bharti Airtel's debt ratio is 18.7% 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 41.5%.

Does Bharti Airtel require dividend purification?

Yes, Bharti Airtel has an impermissible income ratio of 0.31%, which means 0.31% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Bharti Airtel's key financial metrics?

Bharti Airtel has a market capitalization of $11.2T, trailing P/E ratio of 36.5, and revenue of $1.7T. The company maintains a gross margin of 67.3% and a net margin of 14.9%. Return on equity stands at 23.1%.

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.