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Shariah compliance overview

Not Halal

Millicom International Cellular S.A. (TIGO) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Millicom International Cellular S.A.

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America.

Millicom International Cellular S.A. (TIGO) operates in the Communication Services sector, in the Telecommunications Services industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.48%Limit 5%Pass
Interest-bearing debt
109.19%Limit 30%Fail
Interest-bearing securities and assets
24.37%Limit 30%Pass
Dividend purification
0.48%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Millicom International Cellular S.A. (TIGO). Current Akinda screening label: Not Halal.