Is IDT Corporation (IDT) halal? Halal. Based on AAOIFI screening, IDT Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

IDT: Is IDT Corporation Halal?
HalalIDT Corporation
$56.13
+1.89%
About IDT Corporation
IDT Corporation, established in 1990 and headquartered in Newark, New Jersey, is a global enterprise actively involved in the communications and payment sectors. The company's diverse operations are organized into three main divisions: Fintech, net2phone-UCaaS (Unified Communications as a Service), and Traditional Communications. The Fintech segment delivers international money transfer and related payment services through its BOSS Revolution brand. It also supports national retailers with its NRS brand, providing point-of-sale network solutions that encompass payment processing, digital advertising, transaction data analysis, and various auxiliary services. The net2phone-UCaaS division supplies cloud-based unified communication services for businesses, known as net2phone-UCaaS, and offers cable telephony services, both under the net2phone brand. Lastly, the Traditional Communications segment encompasses several distinct offerings. These include Mobile Top-Up, which allows customers to send airtime, messaging, and data bundles to mobile accounts both domestically and internationally; BOSS Revolution Calling, an international long-distance telephony service; and Carrier Services, functioning as a wholesale provider of international voice and SMS termination and outsourced traffic management for telecommunication companies. This segment also features net2phone-Platform Services, which provide telephony infrastructure to cable operators and other partners, alongside various smaller communication and payment products.
Sector: Communication Services 路 Industry: Telecommunications Services
Shariah Compliance Status
Very Good
Strong compliance across all metrics
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halal, unchanged since Jun 2026.
No status changes recorded since we began tracking.
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your IDT Dividends
0.2% non-compliant incomeIDT has 0.2% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
1.4B
Price
$56.13
Sector
Communication Services
Industry
Telecommunications Services
More Communication Services Stocks
Track IDT 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.
Frequently Asked Questions
Is IDT Corporation (IDT) halal to invest in?
Why did IDT Corporation get a A compliance rating?
What could change IDT Corporation's Shariah verdict?
How often is IDT Corporation re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 路 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.