Is Turk Telekom (TTKOM) Halal?

IST Communication Services Turkey $204.7B
✗ NOT HALAL
Confidence: 90/100
Turk Telekom (TTKOM) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 34.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Turk Telekom 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 34.1%
/ 30%
8.7%
/ 30%
10.6%
/ 30%
2.22%
/ 5%
✗ NOT HALAL
DJIM 34.1%
/ 33%
8.7%
/ 33%
10.6%
/ 33%
2.22%
/ 5%
✗ NOT HALAL
MSCI 26.1%
/ 33%
6.7%
/ 33%
8.1%
/ 33%
2.22%
/ 5%
✓ HALAL
S&P 34.1%
/ 33%
8.7%
/ 33%
10.6%
/ 33%
2.22%
/ 5%
✗ NOT HALAL
FTSE 26.1%
/ 33%
6.7%
/ 33%
8.1%
/ 50%
2.22%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
0.0
Forward: 7.9
EPS
$65,668.00
P/B Ratio
1.0
EV/EBITDA
2.8
EV: $262.7B
Revenue
$242.2B
Growth: 16.0%
Beta
0.5
Low volatility
Current Ratio
1.5

Profitability

Gross Margin 41.8%
Operating Margin 17.9%
Net Margin 9.5%
Return on Equity (ROE) 11.4%
Return on Assets (ROA) 8.2%

Cash Flow & Balance Sheet

Operating Cash Flow$97.0B
Free Cash Flow$22.1B
Total Debt$125.0B
Debt-to-Equity58.8
Current Ratio1.5
Total Assets$426.7B

Price & Trading

Last CloseTRY 57.95
50-Day MATRY 64.83
200-Day MATRY 57.69
Avg Volume21.5M
Beta0.5
52-Week Range
TRY 45.66
TRY 75.65

About Turk Telekom (TTKOM)

CEO
Mr. Ahmet Kamil Gencel
Employees
31,779
Sector
Communication Services
Industry
Telecom Services
Country
Turkey
Exchange
IST
Market Cap
$204.7B
Currency
TRY

Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, operates as an integrated telecommunication company in Turkey. The company operates in two segments, Fixed Line and Mobile. The company offers mobile, Internet, phone and TV products and services under the Türk Telekom brand. It also provides PSTN and wholesale broadband services; retail internet services, IPTV, satellite TV, Web TV, mobile TV, and smart TV services; convergence technologies; IT solutions; online education software; call center services; project development and corporate venture capital services; electric supply and sales services; combined facilities support services; wholesale data and capacity services; and financial technology services. In addition, the company offers TV broadcasting and VOD services; telecommunications devices; payment and e-money services; and web portal and computer programming services. The company was founded in 1840 and is headquartered in Ankara, Turkey. Türk Telekomünikasyon Anonim Sirketi is a subsidiary of LYY Telekomünikasyon A.S.

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Frequently Asked Questions

Is Turk Telekom (TTKOM) halal to invest in?

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

Turk Telekom's debt ratio is 34.1% 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 26.1%.

What are Turk Telekom's key financial metrics?

Turk Telekom has a market capitalization of $204.7B, trailing P/E ratio of 0.0, and revenue of $242.2B. The company maintains a gross margin of 41.8% and a net margin of 9.5%. Return on equity stands at 11.4%.

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.