Babcock & Wilcox Enterprises, I (BW) - Not Halal (Non-Compliant)
Babcock & Wilcox Enterprises, I (BW) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 34.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 32.7% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.78%.Based on the company's financial statements, approximately 0.78% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.78% of total income). Some scholars may differ on the exact calculation method.
About Babcock & Wilcox Enterprises, I
Babcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers in the United States, Canada, the United Kingdom, Indonesia, and the Philippines. The company offers BrightLoop chemical looping technology, which produces steam, hydrogen, or syngas for applications in the energy, industrial, and agricultural sectors. It also provides steam generation equipment, including aftermarket parts, construction, maintenance, and field services; steam generation systems, such as package boilers, watertube and firetube waste heat boilers, and other boilers to medium and heavy industrial customers. The company was founded in 1867 and is headquartered in Akron, Ohio.
Frequently Asked Questions
Is Babcock & Wilcox Enterprises, I (BW) stock halal to invest in?
According to AAOIFI Shariah screening standards, Babcock & Wilcox Enterprises, I (BW) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

