Verizon Communications Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.
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VZ – Verizon Communications Inc
Not Compliant
—X—
- Integrated Telecommunications Services
- NYSE
- July 16, 2022
$205,530,562,727
Market cap
96.02%
Revenue Growth
HOLD
Analysts' Rating
AAOIFI
S&P
DJIM
FTSE
MSCI
AAOIFI
AAOIFI ✗
Debt ÷ Market cap (MC) | 73.4% | ✗ |
Non-Compliant Assets ÷ MC | 0.09% | ✓ |
Impure Income (incl. Interest) | 0.04% | ✓ |
Impure Income | % |
Interest Income | 0.04% |
Total | 0.04% |
S&P
S&P ✗
Debt ÷ 36 mo MC | 64.86% | ✗ |
Cash ÷ 36 mo MC | 1.26% | ✓ |
AR ÷ 36 mo MC | 10.64% | ✓ |
DJIM
DJIM ✗
Debt ÷ 24 mo MC | 65.75% | ✗ |
Cash ÷ 24 mo MC | 1.27% | ✓ |
AR ÷ 24 mo MC | 10.78% | ✓ |
FTSE
FTSE ✗
Debt ÷ Assets | 41.15% | ✗ |
Cash ÷ Assets | 0.8% | ✓ |
Cash&AR ÷ Assets | 7.55% | ✓ |
Impure Income (incl. Interest) | 0.04% | ✓ |
Impure Income | % |
Interest Income | 0.04% |
Total | 0.04% |
MSCI
MSCI ✗
Debt ÷ Assets | 41.15% | ✗ |
Cash ÷ Assets | 0.8% | ✓ |
Cash&AR ÷ Assets | 7.55% | ✓ |
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Recommendation Rating
2.74
1
2
3
4
5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 58.97
Low: 44
High: 71
Total Analysts: 27
Company Profile
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.
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