Is Ooredoo (ORDS) Halal?

QSE Communication Services Qatar $39.9B
✗ NOT HALAL
Confidence: 90/100
Ooredoo (ORDS) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 37.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Ooredoo 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 37.8%
/ 30%
37.0%
/ 30%
5.0%
/ 30%
2.37%
/ 5%
✗ NOT HALAL
DJIM 37.8%
/ 33%
37.0%
/ 33%
5.0%
/ 33%
2.37%
/ 5%
✗ NOT HALAL
MSCI 25.2%
/ 33%
24.6%
/ 33%
3.3%
/ 33%
2.37%
/ 5%
✓ HALAL
S&P 37.8%
/ 33%
37.0%
/ 33%
5.0%
/ 33%
2.37%
/ 5%
✗ NOT HALAL
FTSE 25.2%
/ 33%
24.6%
/ 33%
3.3%
/ 50%
2.37%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
10.3
Forward: 10.6
EPS
$1.21
Dividend Yield
594.0%
Payout: 53.7%
P/B Ratio
1.3
EV/EBITDA
5.0
EV: $45.2B
Revenue
$24.6B
Growth: 7.1%
Beta
0.1
Low volatility
Current Ratio
1.5

Profitability

Gross Margin 43.3%
Operating Margin 19.3%
Net Margin 15.6%
Return on Equity (ROE) 13.8%
Return on Assets (ROA) 5.6%

Cash Flow & Balance Sheet

Operating Cash Flow$8.8B
Free Cash Flow$3.3B
Total Debt$16.1B
Debt-to-Equity46.5
Current Ratio1.5
Total Assets$63.8B

Price & Trading

Last CloseQAR 12.63
50-Day MAQAR 13.54
200-Day MAQAR 13.19
Avg Volume2.4M
Beta0.1
52-Week Range
QAR 10.86
QAR 14.59

About Ooredoo (ORDS)

CEO
Mr. Aziz Ahmad M. Aluthman Fakhroo
Sector
Communication Services
Industry
Telecom Services
Country
Qatar
Exchange
QSE
Market Cap
$39.9B
Currency
QAR

Ooredoo Q.P.S.C., together with its subsidiaries, provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region. It operates through Ooredoo Qatar, Asiacell, Ooredoo Hutchison Asia, Ooredoo Oman, Ooredoo Algeria, and Ooredoo Kuwait segments. The company offers cellular, mobile and fixed telecommunications, internet service provider, multimedia, data communication, and internet services; fixed voice, connectivity, and broadband products; home and internet TV; smart phones, tablets, internet devices, and accessories; mobile wallet; and entertainment services. It also provides push to talk services; mobile satellite; Aamali bulk SMS, mobile money payroll, Microsoft Intune, and Apple business manager; tetra services; Ooredoo tv for business; software-defined WAN; and satellite and on-premises network services, as well as ICT solutions, including hosting, cloud, security, payment, collaboration, and internet of things solutions. The company was formerly known as Qatar Telecom (Qtel) Q.S.C. and changed its name to Ooredoo Q.P.S.C. in June 2013. Ooredoo Q.P.S.C. was incorporated in 1987 and is headquartered in Doha, Qatar.

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Frequently Asked Questions

Is Ooredoo (ORDS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ooredoo 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 Ooredoo's debt ratio?

Ooredoo's debt ratio is 37.8% 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 25.2%.

What are Ooredoo's key financial metrics?

Ooredoo has a market capitalization of $39.9B, trailing P/E ratio of 10.3, and revenue of $24.6B. The company maintains a gross margin of 43.3% and a net margin of 15.6%. Return on equity stands at 13.8%.

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.