What is IHS Holding Limited's Shariah compliance score?

IHS Holding Limited's (IHS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does IHS Holding Limited pass AAOIFI screening?

IHS Holding Limited (IHS) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (IHS: 126.2%), (3) interest-bearing deposits below 30% (IHS: 29.7%), and (4) prohibited income below 5% (IHS: 2.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for IHS Holding Limited stock?

IHS Holding Limited (IHS) has a non-permissible income ratio of 2.27%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IHS shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen IHS Holding Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for IHS Holding Limited (IHS) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about IHS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is IHS Holding Limited (IHS) halal? Not Halal. Based on AAOIFI screening, IHS Holding Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

IHS: Is IHS Holding Limited Halal?

Not Halal

IHS Holding Limited

NYSECommunication ServicesGB

$8.29

-0.12%

AvoidBorderlineClean

About IHS Holding Limited

IHS Holding Limited, through its subsidiaries, is a leading provider in the telecommunications industry, specializing in the ownership, operation, and development of shared infrastructure across a wide geographic footprint including Africa, Latin America, Europe, and the Middle East. The company offers a comprehensive array of services, such as colocation and leasing options, bespoke build-to-suit solutions, advanced fiber connectivity, and dedicated rural telephony initiatives. Its diverse clientele includes mobile network operators, internet service providers, broadcasters, security agencies, and various private corporations. Founded in 2001, IHS Holding Limited's corporate base is located in London, United Kingdom.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap126.2% / 30.0%

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.

Screened: Jun 12, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

2.8B

Price

$8.29

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:

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$6.17

-8.59%

RDDTA+

Reddit, Inc.

$181.88

+12.20%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

CHTA+

Chunghwa Telecom Co., Ltd.

$45.52

-1.62%

OPRAA

Opera Limited

$18.34

-3.81%

More Communication Services Stocks

DIS

The Walt Disney Company

NFLX

Netflix, Inc.

B+

Verizon Communications Inc.

AT&T Inc.

CMCSA

Comcast Corporation

Electronic Arts Inc.

B+

Free · No credit card required

Track IHS 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.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is IHS Holding Limited (IHS) halal to invest in?

IHS Holding Limited (IHS) 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 IHS Holding Limited get a F compliance rating?

IHS Holding Limited (IHS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 126.2% (limit 30%); interest-bearing deposits of 29.7% (limit 30%); prohibited income of 2.27% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change IHS Holding Limited's Shariah verdict?

IHS Holding Limited'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 IHS Holding Limited re-screened for Shariah compliance?

IHS Holding Limited (IHS) 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: Jun 12, 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.