Is TURKCELL Iletisim Hizmetleri AS TKC stock halal to invest in?

No, as of August 2026, TURKCELL Iletisim Hizmetleri AS stock (TKC) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. TURKCELL Iletisim Hizmetleri AS currently does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of TURKCELL Iletisim Hizmetleri AS and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is TURKCELL Iletisim Hizmetleri AS TKC reviewed for Shariah compliance?

Tabadulat reviews TURKCELL Iletisim Hizmetleri AS TKC for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for TURKCELL Iletisim Hizmetleri AS reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, TURKCELL Iletisim Hizmetleri AS stock (TKC) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. TURKCELL Iletisim Hizmetleri AS's income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, TURKCELL Iletisim Hizmetleri AS stock (TKC) does not pass the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. TURKCELL Iletisim Hizmetleri AS's interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, TURKCELL Iletisim Hizmetleri AS stock (TKC) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. TURKCELL Iletisim Hizmetleri AS's interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for TURKCELL Iletisim Hizmetleri AS TKC stock?

TURKCELL Iletisim Hizmetleri AS (TKC) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If TURKCELL Iletisim Hizmetleri AS returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Preference Share screen?

Yes, as of August 2026, TURKCELL Iletisim Hizmetleri AS stock (TKC) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. TURKCELL Iletisim Hizmetleri AS has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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TURKCELL Iletisim Hizmetleri AS

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Shariah-Compliant

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TKC

About

TURKCELL Iletisim Hizmetleri AS

TKC

Turkcell Iletisim Hizmetleri A.S. ADR represents shares of Turkcell Iletisim Hizmetleri A.S. available to American investors on U.S. stock exchanges. As Turkey's leading mobile telecommunications operator, Turkcell provides a wide array of telecommunications services, including voice, data, and broadband services across the country. The company has extended its reach, impacting various sectors such as entertainment, technology, and finance through innovative digital services. Notable features include a focus on high-speed internet connectivity and the development of digital platforms and services such as online payments and streaming. By offering its American Depositary Receipts (ADRs), Turkcell facilitates investment from international markets, enhancing its visibility and accessibility to foreign investors. In the financial market, Turkcell ADRs offer investors exposure to the growing telecommunications sector in the emerging Turkish market, highlighting its significance as a vital player in connecting a region marked by technological advancement and an expanding digital economy.

Sector:

Communication Services

Industry:

Telecom Services

Employees:

Website:

https://www.turkcell.com.tr

TKC

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TURKCELL Iletisim Hizmetleri AS

About

TURKCELL Iletisim Hizmetleri AS

TKC

Frequently asked questions

Is TURKCELL Iletisim Hizmetleri AS TKC stock halal to invest in?

How often is TURKCELL Iletisim Hizmetleri AS TKC reviewed for Shariah compliance?

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Non Permissible Income criteria?

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Interest Bearing Investments criteria?

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for TURKCELL Iletisim Hizmetleri AS TKC stock?

Does TURKCELL Iletisim Hizmetleri AS TKC pass the AAOIFI Preference Share screen?

Can I buy TURKCELL Iletisim Hizmetleri (TKC) stock on Tabadulat?

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