Is Kyivstar Group Ltd. (KYIV) Halal?

NASDAQ Communication Services United Arab Emirates $2.3B
✗ NOT HALAL
Confidence: 90/100
Kyivstar Group Ltd. (KYIV) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 32.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Kyivstar Group Ltd. 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 32.6%
/ 30%
17.0%
/ 30%
14.7%
/ 30%
4.35%
/ 5%
✗ NOT HALAL
DJIM 32.6%
/ 33%
17.0%
/ 33%
14.7%
/ 33%
4.35%
/ 5%
✓ HALAL
MSCI 40.5%
/ 33%
21.1%
/ 33%
18.2%
/ 33%
4.35%
/ 5%
✗ NOT HALAL
S&P 32.6%
/ 33%
17.0%
/ 33%
14.7%
/ 33%
4.35%
/ 5%
✓ HALAL
FTSE 40.5%
/ 33%
21.1%
/ 33%
18.2%
/ 50%
4.35%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
17.6
Forward: 5.8
EPS
$0.57
P/B Ratio
0.2
EV/EBITDA
0.2
EV: $164M
Revenue
$1.2B
Growth: -72.3%
Current Ratio
1.6

Profitability

Gross Margin 87.4%
Operating Margin 40.5%
Net Margin 12.0%
Return on Equity (ROE) 15.9%
Return on Assets (ROA) 6.9%

Cash Flow & Balance Sheet

Operating Cash Flow$558M
Free Cash Flow$225M
Total Debt$516M
Debt-to-Equity33.8
Current Ratio1.6
Total Assets$2.1B

Price & Trading

Last Close$10.21
50-Day MA$11.77
200-Day MA$12.08
Avg Volume844K
52-Week Range
$9.99
$16.48

About Kyivstar Group Ltd. (KYIV)

CEO
Maciej Bogdan Wojtaszek
Employees
18,027
Sector
Communication Services
Industry
Telecom Services
Country
United Arab Emirates
Exchange
NASDAQ
Market Cap
$2.3B
Currency
USD

Kyivstar Group Ltd. provides a range of mobile communication and broadband services for individual and corporate customers in Ukraine. It offers a range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions, such as Big Data, cloud, and cybersecurity. The company was founded in 1994 and is headquartered in Dubai, the United Arab Emirates.

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Frequently Asked Questions

Is Kyivstar Group Ltd. (KYIV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Kyivstar Group 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 Kyivstar Group Ltd.'s debt ratio?

Kyivstar Group Ltd.'s debt ratio is 32.6% 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 40.5%.

What are Kyivstar Group Ltd.'s key financial metrics?

Kyivstar Group Ltd. has a market capitalization of $2.3B, trailing P/E ratio of 17.6, and revenue of $1.2B. The company maintains a gross margin of 87.4% and a net margin of 12.0%. Return on equity stands at 15.9%.

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.