Array Digital Infrastructure, Inc.

AD: Is Array Digital Infrastructure, Inc. Halal?

Array Digital Infrastructure, Inc.

NYSECommunication ServicesUS

$38.86

-0.38%

Market Cap: 3.4B

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Array Digital Infrastructure, Inc. (AD) halal? Halal. Based on AAOIFI screening, Array Digital Infrastructure, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

22.2% of 30.0% limit

What this means for you

You can own AD

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.3% of your income from AD

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Array Digital Infrastructure, Inc.

Array Digital Infrastructure, Inc. (ADI) specializes in providing wireless telecommunications services across the United States. Its primary service offerings include voice communication, messaging capabilities, and data transmission. Beyond connectivity, ADI supplies a comprehensive range of wireless devices, such as mobile phones, tablets, portable hotspots, home phone systems, and internet routers. The company also furnishes essential wireless accessories like protective cases, screen guards, power chargers, and memory cards, alongside a selection of consumer electronics, including Bluetooth audio devices, Wi-Fi enabled cameras, and networking products. Additionally, ADI facilitates the distribution of wireless devices to authorized agents and external distributors for subsequent resale. Customers are also offered the flexibility to acquire devices and accessories via installment payment contracts. The company further extends its services to encompass wireless roaming, its capacity as an eligible telecommunications carrier, and the leasing of tower infrastructure. Serving a diverse customer base, Array Digital Infrastructure, Inc. caters to individual consumers, commercial enterprises, and governmental organizations. It delivers its products and services through a multi-faceted approach, utilizing direct retail sales, dedicated sales teams, telephone sales, e-commerce platforms, various resellers, independent agents, and strategic partnerships with national third-party retailers. Tracing its origins, the company was incorporated in 1983 and maintains its corporate headquarters in Chicago, Illinois. It operated under the name United States Cellular Corporation until August 2025, when it officially rebranded as Array Digital Infrastructure, Inc. As of November 7, 2024, Array Digital Infrastructure, Inc. functions as a subsidiary of Telephone and Data Systems, Inc.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2025Data source: EDGAR
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Frequently Asked Questions

Is Array Digital Infrastructure, Inc. (AD) halal to invest in?
Based on AAOIFI Standard 21 screening, Array Digital Infrastructure, Inc. (AD) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Array Digital Infrastructure, Inc. get a B+ compliance rating?
Array Digital Infrastructure, Inc. (AD) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.2% (limit 30%); interest-bearing deposits of 3.8% (limit 30%); prohibited income of 0.33% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Array Digital Infrastructure, Inc.'s Shariah verdict?
Array Digital Infrastructure, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Array Digital Infrastructure, Inc. re-screened for Shariah compliance?
Array Digital Infrastructure, Inc. (AD) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.