T — TELUS Corp.

Permissible business; carries notable debt typical of telecom infrastructure.

Why?

TELUS' core telecommunications business is permissible. Like most telecom operators it carries notable debt to finance network infrastructure, which is worth verifying against current filings when assessing its debt ratio.

How this was screened

Primary basis: Financial-ratio screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.