
Is Yellow Pages (Y) stock Halal?
Yellow Pages Ltd. (Y) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 99.15%. Tabadulat re-screens Y monthly, and the status can change when new financial data arrives.
Yellow Pages is a Canadian media company known for providing digital and print advertising services to small and medium-sized businesses. Primarily, the company helps businesses connect with local consumers through various platforms, including online directories and a range of marketing products and services. Yellow Pages Limited is recognized for its comprehensive database of local business listings, which serves as a valuable resource for consumers seeking goods and services in their vicinity. Before any of that matters to a Muslim investor, one question comes first: is Yellow Pages stock Halal?
Is Yellow Pages Shariah compliant?
For a company like Yellow Pages, the first question AAOIFI Shariah Standard No. 21 asks is about content and advertising: platform businesses can carry impermissible elements, and the standard tolerates them only as incidental income below 5% of revenue. Only then do the financial ratios come into play.
Does Yellow Pages pass the business activity test?
Yes. In the September 2026 screening Yellow Pages holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is content: advertising and programming can include impermissible material, which AAOIFI treats as incidental only below the 5% revenue ceiling.
Is Yellow Pages' income Halal?
Yes, within AAOIFI's tolerance. Yellow Pages' 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 99.15% tells holders of Y what share of each dividend to keep and what remainder to donate to charity.
Does Yellow Pages 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 Y 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 Why a Halal Stock Screener Matters for Halal Investing



