ENERJISA ENERJI (ENJSA.IS) - Not Halal (Non-Compliant)
ENERJISA ENERJI (ENJSA.IS) 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: 88.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 60.3% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 4.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 4.03%.Based on the company's financial statements, approximately 4.03% of dividend income should be donated to charity for purification. This is derived from identified interest income (4.03% of total income). Some scholars may differ on the exact calculation method.
About ENERJISA ENERJI
Enerjisa Enerji A.S., together with its subsidiaries, engages in the electricity business in Turkey. It operates through three segments: Electricity Distribution, Retail, and Customer Solutions. The company engages in the transmission of electricity over lines to the end users through distribution networks; retail sale of electricity; and provision of renewable energy and energy efficiency solutions. It is also involved in the operation of charging network for electric vehicles; supply of charging station equipment; and vehicle leasing and fleet services. The company was incorporated in 2011 and is headquartered in Istanbul, Turkey.
Frequently Asked Questions
Is ENERJISA ENERJI (ENJSA.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, ENERJISA ENERJI (ENJSA.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does ENERJISA ENERJI have any interest income?
ENERJISA ENERJI's interest income ratio is 60.3% of total revenue. AAOIFI standards require this to be below 30%.

