Securities Commission Malaysia

Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status

China Telecom Corporation Limited

0728
Passed

Company Overview

The company (“China Telecom” or “the Company”, a limited company incorporated in the People's Republic of China, collectively known as the “Group” with its subsidiaries) had approximately 372 million mobile users, 170 million cable broadband users, and approximately 107 million fixed telephone users at the end of 2021. The A shares and H shares issued by the Company are listed on the main boards of the Shanghai Stock Exchange and the Hong Kong Stock Exchange Limited, respectively. The company is a leading large-scale full-business integrated intelligent information service operator. It mainly provides fixed and mobile communication services, Internet access services, information services, and other value-added telecommunication services in China. Corporate honors: China Telecom ranked 131st in the 2022 “Fortune Global 500 Companies”, China Telecom ranked 193rd in the 2022 “Forbes Global Top 2000 Companies”, China Telecom won the “Enterprise Gold Award” from “TheAsset”, etc.

Country
HK
Market Cap
$43.88B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.46% passed
5% Threshold
0.5%
Liabilities Compliance
2.92% passed
33% Threshold
2.9%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name China Telecom Corporation Limited
Ticker 0728
Main Business Telecom Services
Type Common Stock
Industry Telecom Services
Country HK
Market Cap $43.88 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Service revenues $464,965.0 $0.0 -
Sales of goods and others $48,586.0 $0.0 -
Interest income $2,368.0 $2,368.0 -
Investment income and others $292.0 $0.0 -
Share of profits of associates and joint ventures $2,116.0 $0.0 -
Total $518,327.0 $2,368.0 0.46% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $158,263,305.3 0.36%
short term borrowing $401,960,784.3 0.92%
long term bank loan $719,887,955.2 1.64%
Total Interest-Bearing Debt $1,280,112,044.8 2.92%
Market Capitalization $43,877,871,794.9 100.00%
Compliance Status Threshold: 33% passed