Is Airtel Africa (AIRTELAFRI) halal?

Under review

Airtel Africa has not reached a conclusive verdict. Its business activity needs evidence-backed review before Qistal will publish a ruling either way.

NGX: AIRTELAFRI · Telecommunications · Screened 31 Aug 2026

What Airtel Africa does

Airtel Africa Plc provides telecommunications and mobile money services in 14 sub-Saharan African countries, offering subscribers an integrated package of mobile voice, mobile data and mobile money both nationally and internationally. The business reports across three segments: voice, data and mobile money. The Airtel Money platform connects 44.6 million customers to payments, transfers, collections, disbursements and related financial services. In the quarter ended 30 June 2026 the group reported revenue of $1,853 million, up 31.0%, with a total customer base of 189 million and data customers up 15.5% to 87.3 million.

Where the revenue comes from

Voice, data and mobile money. Recent constant-currency growth: voice 10.6%, data 30.5%, mobile money 29.9%.

Questions about AIRTELAFRI

Is Airtel Africa halal to invest in?

Not yet determined. Airtel Africa (AIRTELAFRI) does not currently carry a conclusive Qistal verdict.

How often is this verdict updated?

Qistal re-screens every NGX ticker when new audited or interim accounts are filed. This page always shows the date of the most recent screen.

Can this verdict change?

Yes. Compliance drifts as a company borrows, raises cash, or changes its business mix, so a verdict describes a moment rather than a permanent status.

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