ATN International, Inc.

ATNI: Is ATN International, Inc. Halal?

ATN International, Inc.

NASDAQCommunication ServicesUS

$23.91

+1.27%

Market Cap: 367.8M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is ATN International, Inc. (ATNI) halal? Not Halal. Based on AAOIFI screening, ATN International, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

158.6% of 30.0% limit

What this means for you

Most scholars advise not holding ATNI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About ATN International, Inc.

ATN International, Inc. operates a diverse portfolio of telecommunications services through its subsidiary companies. Its business is organized into three primary divisions: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment delivers an array of offerings, including fixed data, voice communication, carrier services, managed solutions, and mobile connectivity, to clients located in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands. This segment also provides video services to customers in Bermuda, the Cayman Islands, and the US Virgin Islands. Furthermore, it supplies mobile, data, and voice services to both retail and corporate customers across Bermuda, Guyana, and the US Virgin Islands, utilizing brands such as One, GTT+, and Viya, in addition to offering roaming services, handsets, and related accessories. The US Telecom segment provides a variety of carrier services, including wholesale roaming. It extends fixed, mobile, carrier, and managed services to business and individual consumers, alongside private network solutions for enterprise and consumer clients. This division also manages site maintenance services and international long-distance communication, and leases crucial network infrastructure like towers and transport facilities. In its Renewable Energy division, the company focuses on supplying distributed generation solar power to industrial and commercial customers throughout India. As of December 31, 2021, ATN International, Inc. operated seven retail establishments within its US Telecom segment and twenty-one retail locations as part of its International Telecom segment. The company, which was originally known as Atlantic Tele-Network, Inc., officially changed its name to ATN International, Inc. in June 2016. Incorporated in 1987, its corporate headquarters are situated in Beverly, Massachusetts.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is ATN International, Inc. (ATNI) halal to invest in?
ATN International, Inc. (ATNI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did ATN International, Inc. get a F compliance rating?
ATN International, Inc. (ATNI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 158.6% (limit 30%); interest-bearing deposits of 28.9% (limit 30%); prohibited income of 0.11% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ATN International, Inc.'s Shariah verdict?
ATN International, 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 ATN International, Inc. re-screened for Shariah compliance?
ATN International, Inc. (ATNI) 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 18, 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.