LUMNNot HalalF
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Compliance Status

Not Halal

Screened on Oct 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates Lumen Technologies, Inc. (LUMN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/LUMN

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%.

278.3% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding LUMN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Lumen Technologies, Inc.

LUMN: Is Lumen Technologies, Inc. Halal?

Lumen Technologies, Inc.

NASDAQCommunication ServicesUS

$4.65

-4.52%

Market Cap: 4.8B

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About Lumen Technologies, Inc.

Lumen Technologies, Inc. functions as an infrastructure-driven technology and telecommunications provider, offering a diverse array of integrated solutions to both commercial clients and residential customers throughout the United States and internationally. The company delivers these services through its Lumen, Quantum Fiber, and CenturyLink brands. Its business operations are segmented into two primary divisions: Business and Mass Markets. Lumen's comprehensive product suite includes compute and application services, such as cloud computing, IT management, unified communication and collaboration tools, colocation and data center facilities, content delivery networks, and managed security services. It also provides IP and data services, encompassing virtual private networks (VPN), Ethernet connectivity, general internet protocol services, and Voice over IP (VoIP). Additionally, the company furnishes fiber infrastructure services, which feature high-capacity optical wavelength networks, unlit optical fiber leasing, and related professional support. Complementary offerings include various voice and other services, like private line connections for dedicated site-to-site communication, traditional time division multiplexing (TDM) voice systems, synchronous optical network (SONET)-based Ethernet, legacy data hosting, and conferencing capabilities. As of December 31, 2021, the company served approximately 4.5 million broadband subscribers. Incorporated in 1968, the organization was previously known as CenturyLink, Inc. before officially changing its name to Lumen Technologies, Inc. in September 2020. Its corporate headquarters are located in Monroe, Louisiana.

Sector: Communication Services · Industry: Telecommunications Services

Why this does not pass

  • Interest-bearing debt is 278.3% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 19, 2026

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

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: Q2 2026Data source: EDGAR

Halal Alternatives in Communication Services

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Frequently Asked Questions

Is Lumen Technologies, Inc. (LUMN) halal to invest in?
Lumen Technologies, Inc. (LUMN) 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 Lumen Technologies, Inc. get a F compliance rating?
Lumen Technologies, Inc. (LUMN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 278.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Lumen Technologies, Inc.'s Shariah verdict?
Lumen Technologies, 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 Lumen Technologies, Inc. re-screened for Shariah compliance?
Lumen Technologies, Inc. (LUMN) 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: Oct 19, 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.