Is IHS Holding Ltd (IHS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 143.9% / 30% | 21.3% / 30% | 10.7% / 30% | 1.09% / 5% | ✗ NOT HALAL |
| DJIM | 143.9% / 33% | 21.3% / 33% | 10.7% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| MSCI | 91.2% / 33% | 13.5% / 33% | 6.8% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| S&P | 143.9% / 33% | 21.3% / 33% | 10.7% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| FTSE | 91.2% / 33% | 13.5% / 33% | 6.8% / 50% | 1.09% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 55.9% | |
| Operating Margin | 81.4% | |
| Net Margin | 9.1% | |
| Return on Assets (ROA) | 9.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $729M |
| Free Cash Flow | $460M |
| Total Debt | $3.9B |
| Current Ratio | 2.1 |
| Total Assets | $4.3B |
Price & Trading
| Last Close | $8.21 |
| 50-Day MA | $8.08 |
| 200-Day MA | $7.07 |
| Avg Volume | 2.0M |
| Beta | 0.9 |
|
52-Week Range
$4.21
| |
About IHS Holding Ltd (IHS)
IHS Holding Limited, together with its subsidiaries, develops, owns, and operates shared communications infrastructure in Nigeria, Cameroon, Côte d'Ivoire, South Africa, and Zambia. The company offers colocation and lease amendment services, which allows customers to lease space on existing towers alongside current tenants, install additional equipment on a tower, and request for ancillary services; build-to-suit sites; in-building solutions and distributed antenna systems, which allows customers to lease space in secure locations within large building complexes, such as shopping malls, stadiums, and airports; non-intrusive small cell installation services on commercial premises, lampposts, and poles; fiber-to-the-tower connectivity services; rural telephony services; and managed services, including maintenance, security, and power supply services. It serves communication service providers, mobile network operators, internet service providers, broadcasters, security functions, and private corporations. IHS Holding Limited was founded in 2001 and is based in London, the United Kingdom.
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Frequently Asked Questions
Is IHS Holding Ltd (IHS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IHS Holding Ltd 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 IHS Holding Ltd's debt ratio?
IHS Holding Ltd's debt ratio is 143.9% 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 91.2%.
What are IHS Holding Ltd's key financial metrics?
IHS Holding Ltd has a market capitalization of $2.8B, trailing P/E ratio of 4.6, and revenue of $1.7B. The company maintains a gross margin of 55.9% and a net margin of 9.1%.
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.