
Is Liberty Capital (GLIBK) stock Halal?
September 2026 AAOIFI screening result for Liberty Capital Corp. (GLIBK): non-permissible income, pass. Interest-bearing investments, fail. Interest-bearing debt, fail. Preference shares, pass. Liberty Capital Corp. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Liberty Capital is a diversified communications holding company primarily engaged through its wholly owned subsidiary, GCI which delivers a broad range of telecommunications services including data, wireless, video, voice, and managed services. It serves residential customers, businesses, government, educational, and medical institutions across more than 200 communities throughout Alaska. Additionally, GCI Liberty holds strategic interests in Charter Communications, further strengthening its presence in the integrated telecommunications sector. Before any of that matters to a Muslim investor, one question comes first: is Liberty Capital stock Halal?
Is Liberty Capital Shariah compliant?
For a communications operator like Liberty Capital, 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 Liberty Capital pass the business activity test?
The activity screen is only part of the picture this month: Liberty Capital currently fails the interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The service itself, carrying calls and data, raises no Shariah objection; the scrutiny belongs to the debt financed network behind it.
Is Liberty Capital's income Halal?
Yes, within AAOIFI's tolerance. Liberty Capital's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Liberty Capital meet AAOIFI's debt and investment ratio requirements?
No. Both ratios currently breach the 30% caps: interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has GLIBK re-screened every month.
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?



