US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
ZE

ZEG.L

Stock Zegona Communications plc
$1696.00

London Stock Exchange · Communication Services · GB

Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.36%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Zegona Communications plc (ZEG.L) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$2142.50
+26.3% · 10 analysts
Institutional own.
50.9%
of shares
NON-COMPLIANT
Sharia compliance
0.36%
Non-permissible income — HTR, from filings (2026-03-31)
$2142.50
Price target (+26.3%) · 10 analysts
50.9%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. ZEG.L files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 130.85% 30.00% Fail
Interest-bearing investments 11.79% 30.00% Pass
Non-permissible income 0.36% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 72.51% 33.00% Fail
Interest-bearing investments 6.53% 33.00% Pass
Non-liquid assets 87.99% at least 20.00% Pass
Non-permissible income 0.36% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 72.51% 33.33% Fail
Cash + interest-bearing securities 6.53% 33.33% Pass
Accounts receivable 12.01% 33.33% Pass
Non-permissible income 0.36% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 72.51% 33.33% Fail
Cash + interest-bearing securities 6.53% 33.33% Pass
Accounts receivable 12.01% 50.00% Pass
Non-permissible income 0.36% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 84.24% 33.00% Fail
Cash + interest-bearing securities 7.59% 33.00% Pass
Accounts receivable 6.37% 33.00% Pass
Non-permissible income 0.36% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 113.88% 33.00% Fail
Cash + interest-bearing securities 10.26% 49.00% Pass
Accounts receivable 8.61% 49.00% Pass
Non-permissible income 0.36% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 113.88% 33.33% Fail
Cash + interest-bearing securities 10.26% 33.33% Pass
Accounts receivable 18.87% 49.00% Pass
Non-permissible income 0.36% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

1,868.001,694.361,520.721,347.081,173.442025-09-122026-03-122026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
1504.67
S2
1559.33
S1
1586.67
PIVOT
1641.33
R1
1668.67
R2
1723.33
R3
1750.67

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
1,476.24 1,731.76
±7.97% from 1,604.00, made 2026-09-04 · resolves 2026-09-11
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22589 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)65.50NEUTRAL
Stochastic %K (14)100.00SELL
CCI (20)128.83SELL
Williams %R (14)0.00SELL
MACD (12,26,9)4.25BUY
ROC (10)4.05BUY
Momentum (10)66.00BUY
EMA (10)1629.87BUY
SMA (10)1627.20BUY
EMA (20)1605.48BUY
SMA (20)1606.40BUY
EMA (30)1591.80BUY
SMA (30)1565.87BUY
EMA (50)1589.92BUY
SMA (50)1539.12BUY
EMA (100)1602.81BUY
SMA (100)1646.26BUY
EMA (200)1543.25BUY
SMA (200)1621.29BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Zegona Communications plc

Communication Services · Telecom Services

Zegona Communications plc engages in the provision of integrated telecommunications services in Spain. The company offers broadband, mobile, TV, voice, data, and other value-added products and services. It serves business-to-consumer and business-to-business markets. The company was incorporated in 2015 and is based in London, the United Kingdom. Zegona Communications plc operates as a subsidiary of Ejlshm Funding Limited.

zegona.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — filings.xbrl.org ESEF XBRL

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Unverified
Debt ratio no data
Investments ratio 0.1% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio no data
Investments ratio 0.4% (< 33%)
Nonliquid assets ratio 99.6% (< 20%)
Non permissible income ratio no data
Net liquid assets no data

Based on the filing period ending 2023-12-31, figures in GBP.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.