logo

Shariah compliance overview

Not Halal

VEON Ltd. (VEON) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About VEON Ltd.

VEON Ltd. provides telecommunications and digital services in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan.

VEON Ltd. (VEON) operates in the Communication Services sector, in the Telecommunications Services industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
18.00%Limit 5%Fail
Interest-bearing debt
199.19%Limit 30%Fail
Interest-bearing securities and assets
67.05%Limit 30%Fail
Dividend purification
9.58%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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about VEON Ltd. (VEON). Current Akinda screening label: Not Halal.