E.ON SE (EONGY) - Halal (Shariah-Compliant)
E.ON SE (EONGY) is classified as Halal (Shariah-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 - Diversified
- Result
- Pass
- Reason
- The sector "Utilities" and industry "Utilities - Diversified" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 17.9% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.67%.Based on the company's financial statements, approximately 0.67% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.67% of total income). Some scholars may differ on the exact calculation method.
About E.ON SE
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. The company operates through Energy Networks, Energy Infrastructure Solutions, and Energy Retail segments. The Energy Networks segment operates power and gas distribution networks; and offers maintenance, repair, and related services for its power and gas networks. Its Energy Infrastructure Solutions provides integrated and sustainable energy solutions for cities, municipalities, and industrial and commercial customers comprising district heating and cooling; heat, steam, and electricity services; embedded solutions; products and services that enhance energy efficiency. This segment also installs smart energy meters, block-type thermal power stations, photovoltaic systems, air-conditioning systems, and heat pumps. Its Energy Retail segment supplies power and gas; installs customer connections and connects renewable energy generating stations to the grid; and offers a range of green power and green gas, and sustainable solutions that enhance energy efficiency for residential, small and medium-sized enterprises, commercial and industrial, and sales partners. It also provides digital solutions; biogas and biomethane products; and compressed natural gas refueling services, as well as solar and battery storage systems, heating systems, and charging infrastructure for electric vehicle. E.ON SE was founded in 1923 and is headquartered in Essen, Germany.

