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Is IDT (IDT) stock Halal?

NYSE
Shariah-Compliant
Not Shariah

IDT Corp. (IDT) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 98.79%. Tabadulat re-screens IDT monthly, and the status can change when new financial data arrives.

IDT is a telecommunications and technology company primarily recognized for its provision of international telecommunications services. The company's primary function revolves around delivering voice services, including both domestic and international long-distance communication solutions. Additionally, IDT offers prepaid calling cards, facilitating affordable communication, particularly useful among immigrant communities for maintaining global connections. Notable features of IDT Corporation include its focus on innovative voice-over-IP (VoIP) technologies and various payment services solutions. Before any of that matters to a Muslim investor, one question comes first: is IDT stock Halal?

Is IDT Shariah compliant?

For a communications operator like IDT, AAOIFI Shariah Standard No. 21 has little quarrel with the service itself; the scrutiny falls on how the network is financed. Towers, spectrum and satellites are typically funded with debt, which the standard tolerates only below 30% of market capitalisation, a ratio that moves with the share price.

Does IDT pass the business activity test?

Yes. In the September 2026 screening IDT holds an overall PASS, which a stock only earns when its core business clears the activity screen. The service itself, carrying calls and data, raises no Shariah objection; the scrutiny belongs to the debt financed network behind it.

Is IDT's income Halal?

Yes, within AAOIFI's tolerance. IDT's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 98.79% tells holders of IDT what share of each dividend to keep and what remainder to donate to charity.

Does IDT meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has IDT re-screened every month, and the result above always shows the latest verdict.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?

Frequently asked questions

Is IDT Corp. IDT stock Halal to invest in?

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How often is IDT Corp. IDT reviewed for Shariah compliance?

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Does IDT Corp. IDT pass the AAOIFI Non Permissible Income criteria?

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Does IDT Corp. IDT pass the AAOIFI Interest Bearing Investments criteria?

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Does IDT Corp. IDT pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for IDT Corp. IDT stock?

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Does IDT Corp. IDT pass the AAOIFI Preference Share screen?

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How do I buy IDT stock?

IDT currently passes AAOIFI screening, making it one of the Shariah compliant stocks available on Tabadulat. Buying Halal stocks takes three steps: open your account, screen the stock, and place your trade. Every listing is re-screened monthly, so your portfolio stays Halal after you invest, not just on the day you buy.

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