AMT – American Tower Corp

Not Compliant

American Tower Corp is not Shariah Compliant because it fails the financial ratios.

American Tower Corporation is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications real estate. Its segments include U.S. & Canada property, Asia-Pacific property, Africa property, Europe property, Latin America property, Data Centers and Services. Its primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. Its Data Centers segment relates to data center facilities and related assets that the Company owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural analysis and construction management, which primarily support its site leasing business, including the addition of new tenants and equipment on its communications sites.

AAOIFI ✗

Debt ÷ Market cap (MC)43
Non-Compliant Assets ÷ MC0.87

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