Is VEON Ltd. (VEON) halal? Not Halal. Based on AAOIFI screening, VEON Ltd. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
VEON — Is VEON Ltd. Halal?
Not HalalVEON Ltd.
$55.30
+0.38%
About VEON Ltd.
VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com.
Sector: Communication Services · Industry: Telecommunications Services
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
FailedFinancial ratios must be below AAOIFI thresholds
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.
Financial Overview
Market Cap
3.8B
Price
$55.30
Sector
Communication Services
Industry
Telecommunications Services
Halal Alternatives in Communication Services
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Communication Services Stocks
Track VEON 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.
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.