Vodafone Group Public Limited Company

VOD: Is Vodafone Group Public Limited Company Halal?

Vodafone Group Public Limited Company

NASDAQCommunication ServicesGB

$15.74

+0.77%

Market Cap: 36.2B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Vodafone Group Public Limited Company (VOD) halal? Not Halal. Based on AAOIFI screening, Vodafone Group Public Limited 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%.

145.4% of 30.0% limit

What this means for you

Most scholars advise not holding VOD

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Vodafone Group Public Limited Company

Vodafone Group Public Limited Company, established in 1984 and based in Newbury, UK, is a global telecommunications leader delivering services across Europe and internationally. The company provides fundamental mobile services, enabling customers to make calls, send texts, and access data. Its fixed-line offerings encompass broadband internet, television packages, and voice telephony. Vodafone also integrates these services into converged solutions under brand names like GigaKombi and Vodafone One. Beyond core telecom functions, it innovates with value-added services such as a comprehensive Internet of Things (IoT) portfolio, including logistics, fleet management, smart metering, insurance, cloud computing, and security, alongside automotive and health solutions. Furthermore, Vodafone operates M-Pesa, a prominent African payment platform that facilitates money transfers, financial services, and business and merchant payments. The company expands its reach by offering services to other operators through partner market agreements and holds a strategic partnership with Open Fiber. As of March 31, 2022, Vodafone served an extensive customer base, including approximately 323 million mobile subscribers, 28 million fixed broadband customers, and 22 million television users.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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: FY 2026Data 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:

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Frequently Asked Questions

Is Vodafone Group Public Limited Company (VOD) halal to invest in?
Vodafone Group Public Limited Company (VOD) 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 Vodafone Group Public Limited Company get a F compliance rating?
Vodafone Group Public Limited Company (VOD) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 145.4% (limit 30%); interest-bearing deposits of 43.5% (limit 30%); prohibited income of 3.45% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Vodafone Group Public Limited Company's Shariah verdict?
Vodafone Group Public Limited 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 Vodafone Group Public Limited Company re-screened for Shariah compliance?
Vodafone Group Public Limited Company (VOD) 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 20, 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.