Telecom Argentina S.A.

TEO: Is Telecom Argentina S.A. Halal?

Telecom Argentina S.A.

NYSECommunication ServicesAR

$13.24

+1.46%

Market Cap: 5.7B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Telecom Argentina S.A. (TEO) halal? Not Halal. Based on AAOIFI screening, Telecom Argentina S.A. 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%.

75640.1% of 30.0% limit

What this means for you

Most scholars advise not holding TEO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Telecom Argentina S.A.

Telecom Argentina S.A., operating through its subsidiaries, delivers a comprehensive array of telecommunications services both within Argentina and across international borders. Its offerings span traditional fixed-line telephony, encompassing local, national, and international calling, alongside public phone access. Customers also benefit from a suite of supplementary features such as call waiting, forwarding, conference calls, caller identification, voicemail, detailed billing, and maintenance. The company further provides essential interconnection services, facilitating traffic exchange and resource sharing, dedicated internet access, and the transmission of standard and high-definition video signals. This includes audio and video streaming solutions, private network connections, backhaul links for mobile operators, and data center hosting/co-location services. Their infrastructure also supports Layer 2 and Layer 3 transport networks, specialized video links, and various other value-added services. In the mobile sector, Telecom Argentina enables voice communications, high-speed mobile internet access, content and application downloads, and online streaming. They also retail mobile devices, including handsets, MiFi and Wingles modems, and smartwatches, under their "Personal" brand. Moreover, their internet connectivity portfolio features virtual private network services and conventional Internet protocol links, alongside robust data services and a diverse range of programming and other offerings for cable television. Established in Buenos Aires, Argentina, in 1979, the company previously operated as Cablevisión S.A. before officially adopting the name Telecom Argentina S.A. in January 2018.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Communication Services

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

Free · No credit card required

Track TEO and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Telecom Argentina S.A. (TEO) halal to invest in?
Telecom Argentina S.A. (TEO) 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 Telecom Argentina S.A. get a F compliance rating?
Telecom Argentina S.A. (TEO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 75640.1% (limit 30%); interest-bearing deposits of 13884.2% (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 Telecom Argentina S.A.'s Shariah verdict?
Telecom Argentina S.A.'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 Telecom Argentina S.A. re-screened for Shariah compliance?
Telecom Argentina S.A. (TEO) 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.