Shenandoah Telecommunications Company

SHEN: Is Shenandoah Telecommunications Company Halal?

Shenandoah Telecommunications Company

NASDAQCommunication ServicesUS

$12.66

-2.16%

Market Cap: 700.4M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Shenandoah Telecommunications Company (SHEN) halal? Not Halal. Based on AAOIFI screening, Shenandoah Telecommunications Company 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%.

91.7% of 30.0% limit

What this means for you

Most scholars advise not holding SHEN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Shenandoah Telecommunications Company

Shenandoah Telecommunications Company, or Shentel, delivers a comprehensive array of broadband communication services and manages cell tower facilities throughout the Mid-Atlantic United States. Its operations span Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky. The company's Broadband division furnishes internet, video, and voice services to residential and commercial customers. These services are offered through various channels: hybrid fiber coaxial cable under the Shentel brand, advanced fiber optic technology via Glo Fiber, and fixed wireless connections marketed as Beam. This segment also includes fiber leasing and provides specialized Ethernet and wavelength fiber optic solutions, in addition to traditional voice and digital subscriber line (DSL) telephone services. Separately, the Tower segment possesses 220 cell towers, on which it leases colocation space to other telecommunications providers. Shenandoah Telecommunications Company, established in 1902, is headquartered in Edinburg, Virginia.

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 Shenandoah Telecommunications Company (SHEN) halal to invest in?
Shenandoah Telecommunications Company (SHEN) 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 Shenandoah Telecommunications Company get a F compliance rating?
Shenandoah Telecommunications Company (SHEN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 91.7% (limit 30%); interest-bearing deposits of 3.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Shenandoah Telecommunications Company's Shariah verdict?
Shenandoah Telecommunications Company'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 Shenandoah Telecommunications Company re-screened for Shariah compliance?
Shenandoah Telecommunications Company (SHEN) 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.