AT&T
-0.54 %
53.87 %
Yet to be announced
Company Overview
AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices. The Latin America segment provides wireless services in Mexico; and video services in Latin America.
Revenue Sources
PassAT&T's primary revenue streams come from telecommunications services, including wireless services, broadband internet, and business connectivity solutions. These core business activities are halal as they involve the exchange of legitimate services. No significant revenue is derived from haram sources such as alcohol, gambling, or adult entertainment.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $30.63b | $26.53b | - | $1.66b | 0.00% | 6.25% |
| Dec. 31, 2024 | $32.3b | $28.63b | - | $1.66b | 0.00% | 5.80% |
| Sept. 30, 2024 | $30.21b | $29.77b | - | $1.68b | 0.00% | 5.63% |
| June 30, 2024 | $29.8b | $25.74b | - | $1.7b | 0.00% | 6.60% |
Looking at the last four quarters' data, AT&T's interest expenses represent a significant portion of their total expenses. The interest expense to total expense ratios consistently exceed 5%, indicating that interest plays a material role in the company's operations. This high level of interest-bearing debt is a concern from an Islamic finance perspective.
Operational Ethics
PassBased on available information, AT&T does not maintain significant ongoing associations with entities involved in human rights violations. While the company operates globally, there is no evidence of material partnerships or substantial business relationships with entities like the Chinese Communist Party or the state of Israel that would raise concerns.
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