Halal Dividend Stocks: Ex-US Opportunities

Amid tariff uncertainty, consider overseas equities for diversification and dividend income.

The ongoing trade tensions have sent ripples across international markets. While the broader sentiment remains cautious, the sharpest swings in volatility have been concentrated in the US. With investors pulling back, now is a good time to explore undervalued dividend plays beyond American borders.

This post lists 10 halal dividend stocks worth watching in Hong Kong, Singapore, Malaysia and Europe (including the UK) from sectors such as logistics, real estate, retail, IT and telecommunications. If you are on the hunt for steady income and long-term value, these names might just deserve a spot on your radar.

Photo by Sardar Faizan on Unsplash

Criteria

The table is made up of stocks that fulfil multiple criteria — as simultaneously Shariah compliant and sustainable (or tayyib) and also high-yielding — so the selection process took place in two stages.

First, we compiled a pool of dividend paying stocks and shortlisted those with more than 4% in trailing 12-month dividend yield. We then screened each stock for Shariah compliance.

Select 10 halal dividend stocks across Asia and Europe, as of April 2025

10 Halal Dividend Stocks across Europe and Asia

Each company below is presented along with top and bottom line growth numbers and dividend information for the latest financial year.

4imprint Group (LSE:FOUR)

4imprint Group plc is a direct marketer of promotional merchandise based in London, with offices in the US, the UK and the EU.

• Revenue of USD1.37b added 3% compared to 2023.

• Net profit of USD117.2m registered a 10% growth year-on-year.

• Dividend per share for 2024 was up 12% to 240 cents.

Big Yellow Group (LSE:BYG)

Big Yellow Group is the largest self-storage company in the UK and a constituent of the FTSE 250 Index.

• Revenue, GBP199m for fiscal 2024, was up 6% year-on-year.

• Profit before tax of GBP241m went up by 220%.

• Dividend was 45.2 pence, unchanged from the previous year.

LEM Holdings (SIX:LEHN)

LEM manufactures and distributes electrical measurement components for submetering products.

• Revenue fiscal 2024 was CHF406m, flat compared to the prior year.

• Net profit of CHF65m was down 13%.

• Dividend of CHF50 per share was consistent with previous years.

Software One (SIX:SWON)

SoftwareOne is a global technology services provider offering solutions focused on digital transformation and AI.

• Revenue, CHF1,017m for fiscal 2024, increased 3% year-on-year.

• Adjusted operating profit was down 7.6% to CHF223m.

• Dividend for the year increased by almost 15%.

Time dotCom (KLSE:5031)

Time dotCom is a Malaysian telecommunications provider specialising in connectivity, data centre and cloud services.

• Revenue, MYR1.7b for FY2024, grew 6.2% year-on-year.

• Net profit increased by 32% to MYR385m.

• Dividend amounted to 56.8 sen per share, with a payout ratio of 274%.

UOA Development (KLSE:UOADEV)

UOA Development is a Malaysian developer that focuses on building residential and commercial properties.

• Net revenue, MYR546m for FY2024, grew 36% year-on-year.

• Net profit was up 2.8% to MYR287m.

• Dividend amounted to 10 sen per share, with a payout ratio of 91%.

Sasseur Reit (SGX:CRPU)

Sasseur is a Singaporean real estate investment trust with a portfolio of retail outlet malls in Mainland China.

• Rental income, SGD124.5m for FY2024, was down 0.4% year-on-year.

• Distributable income was down 0.1% to SGD83.3m.

• Dividend amounted to 6.082 cents per unit, with a payout ratio of 91%.

NetLink NBN Trust (SGX:CJLU)

NetLink NBN Trust designs, builds, owns and operates the passive fiber network infrastructure for Singapore's Nationwide Broadband Network.

• Revenue, SGD414m for FY2024, was up 2.4% year-on-year.

• Net income was SGD103m, down 5.5% year-on-year.

• Dividend amounted to 0.053 cents per unit, with a 100% payout ratio.

Giordano International (HKEX:709)

Giordano is a global retailer of men's, women's and children's apparel and accessories with headquarters in Hong Kong.

• Net sales, HKD3.9b for FY2024, went up 1.2% year-on-year.

• Net profit decreased by 37% to HKD216m.

• Dividend amounted to 14 cents per share, with a payout ratio of 104.5%.

SITC International (HKEX:1308)

SITC is a shipping logistics company that operates primarily in Mainland China, Hong Kong, Taiwan, Japan and Southeast Asia.

• Revenue, USD3.1b for FY2024, was up 26% year-on-year.

• Net profit increased by 93% to USD1b.

• Dividend came to 2.12 cents per share, with a payout ratio of 70%.

Takeaways

In times of turmoil, it is good to have steady dividend stocks to fall back on. If you are a Muslim investor shopping for value, now may be a good time to accumulate them. Islamic options among high dividend yield stocks are fairly limited in the US. Foreign markets, however, have them in abundance.

One strategy is focus on dominant leaders. Sectors like telecommunications, real estate investment trusts and utilities are considered safer bets during periods of uncertainty. TimeDotCom, NetLink and Sasseur REIT are the examples. While their income might dip in a recession, they are better positioned to rebound.

For more daring investors, consumer and shipping stocks — like Giordano and SITC International in this list — offer appealing discounts. Note, though, that these stocks are more risky and more likely to crash along with the markets. That said, if they remain fundamentally sound, they may recover.

Disclaimer: Nothing you read on Tayyib Finance constitutes financial advice. Nor is there a guarantee of Shariah compliance of any particular stock at any particular time, since ‘Shariah compliance’ is fluid depending on the provider of judicial opinion and must be regularly affirmed. Do your own research.

Looking for more insights? Find out why China is still a promising destination for Muslim investors, tariffs notwithstanding.