ENA C.XWAR PLN (ENA.WA) - Not Halal (Non-Compliant)
ENA C.XWAR PLN (ENA.WA) 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
- Utilities
- Industry
- Utilities - Regulated Electric
- Result
- Pass
- Reason
- The sector "Utilities" and industry "Utilities - Regulated Electric" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 74.5% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 49.0% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 1.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.25%.Based on the company's financial statements, approximately 1.25% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (1.25% of total income). Some scholars may differ on the exact calculation method.
About ENA C.XWAR PLN
ENEA S.A., together with its subsidiaries, generates, transmits, distributes, and trades in electricity in Poland. The company generates electricity from wind farms, and hydropower and biogas plants, as well as photovoltaic farms. It also produces and sells coal and heat; modernizes road lighting equipment; and provides transport, repair, and construction services. It sells electricity to individual consumers, and small and medium-sized companies, as well as large industrial plants. The company was formerly known as Energetyka Poznanska S.A. ENEA S.A. was founded in 1904 and is based in Poznan, Poland.
Frequently Asked Questions
Is ENA C.XWAR PLN (ENA.WA) stock halal to invest in?
According to AAOIFI Shariah screening standards, ENA C.XWAR PLN (ENA.WA) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does ENA C.XWAR PLN have any interest income?
Identified interest income is 1.3% of ENA C.XWAR PLN's total income. AAOIFI standards require non-permissible income to be below 5%.


