Enablence Technologies, Inc. (ENAFF) - Not Halal (Non-Compliant)
Enablence Technologies, Inc. (ENAFF) 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
- Technology
- Industry
- Communication Equipment
- Result
- Pass
- Reason
- The sector "Technology" and industry "Communication Equipment" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 43.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 1.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Enablence Technologies, Inc.
Enablence Technologies Inc., together with its subsidiaries, designs, manufactures, and sells optical components in the form of planar light wave circuits on silicon-based chips in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device. It also offers long delay lines, an optical component device used for distance calibration, laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized fab and design services. Enablence Technologies Inc. serves maritime, manufacturing, augmented reality, automotive, datacom, and healthcare sectors. The company was incorporated in 2006 and is headquartered in Ottawa, Canada.
Frequently Asked Questions
Is Enablence Technologies, Inc. (ENAFF) stock halal to invest in?
According to AAOIFI Shariah screening standards, Enablence Technologies, Inc. (ENAFF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

