Compliance Status
Halal
Screened on Oct 15, 2026 · AAOIFI Standard 21
Excellent
Is Sify Technologies Limited (SIFY) halal? Halal. Based on AAOIFI screening, Sify Technologies Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).
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HalalScreener rates Sify Technologies Limited (SIFY) Halal, 95/100, grade A+ under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/SIFY
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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.
Screened according to AAOIFI Standard 21
What this means for you
You can own SIFY
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened SIFY's prohibited income, but the exact share you would need to purify is part of Pro.
SIFY: Is Sify Technologies Limited Halal?
Sify Technologies Limited
$11.43
Market Cap: 827.9M
Screened on a market cap of 80.9B
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About Sify Technologies Limited
Sify Technologies Limited, headquartered in Chennai, India, delivers a comprehensive array of information and communication technology (ICT) solutions and services to clients both in India and globally. The company's operations are structured into three distinct segments: Network Centric Services, Data Center Services, and Digital Services. The Network Centric Services division offers a variety of connectivity and managed network solutions. These include internet access, secure virtual private networks (VPNs) utilizing IP and MPLS technologies, SD-WAN, managed Wi-Fi, and Internet of Things (IoT) platforms. It also provides wholesale and retail voice services, diverse managed services, dedicated internet access, and proactive monitoring and management for network infrastructure and devices. Within the Data Center Services segment, Sify provides co-location facilities alongside a full suite of managed data center services. These encompass storage and backup management, performance and infrastructure monitoring, assurance of network availability, server load balancing, managed shared firewalls, web server log reporting, and both remote and on-site technical support, often referred to as 'smart hands' services. The Digital Services segment is extensive, covering managed network and EDGE services, as well as a broad spectrum of cloud and managed solutions. These include cloud and storage offerings, value-added services, and managed services for domestic and international clients. This segment also specializes in technology integration, delivering services such as system integration, data center construction, network and security solutions, remote and on-site infrastructure management, and managed security services, alongside the sale of relevant hardware and software. Furthermore, it offers applications integration, supporting talent and supply chain management, online assessments, web development, document and content management, digital signatures, and digital certificate-based authentication. This includes the sale of digital certificates, implementation and maintenance of industry-specific applications, development of supply chain software and eLearning software, and the operation of various web portals. Originally incorporated in 1995 as Sify Limited, the company was renamed Sify Technologies Limited in October 2007.
Sector: Communication Services · Industry: Telecommunications Services
Shariah Compliance Status
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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.
Screened according to AAOIFI Standard 21
Compliance History
Halalnow
since Sep 2026
Not Halal
until the change above
Under Review
until the change above
Not Halal
until the change above
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.