Is Adani Enterprises Ltd Share halal or haram? If you’re searching for a comprehensive Shariah compliance analysis of Adani Enterprises Ltd, you’ve come to the right place!
In this article, we provide a detailed breakdown of Adani Enterprises Ltd’s business operations, financials, and compliance with Shariah screening guidelines. Whether you’re an ethical investor or exploring halal investment opportunities, this analysis will help you make an informed decision.
Is Adani Enterprises Ltd Share Halal and Shariah Compliant?
Adani Enterprises Ltd, a leading company in the energy sector, has undergone a Shariah compliance screening based on key financial and business criteria. According to the latest annual report published on 29-05-2024, Adani Enterprises Ltd Share appears to be Not Halal and Non-Shariah Compliant.
Shariah Compliance Analysis of Adani Enterprises Ltd
Not Halal / Non-Shariah Compliant
| Criteria | Value | Status |
| Business Activity | Energy Sector | ✅ PASS |
| Impermissible Income to Total Revenue | 1.61% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 40.63% | ❌ FAIL |
| Illiquid Assets to Total Assets Ratio | 68.69% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Business Overview of Adani Enterprises Ltd
Adani Enterprises Ltd (AEL) is the flagship company of the Adani Group, a leading Indian conglomerate. AEL operates as an incubator, developing and scaling businesses across diverse sectors, including energy, infrastructure, mining, defense, and airports.
It plays a crucial role in India’s renewable energy expansion, coal trading, and data centers. The company has pioneered large-scale infrastructure projects, supporting India’s economic growth. AEL’s innovative approach and strategic investments have positioned it as a key player in sustainable development and global trade, driving long-term value for stakeholders.
Adani Enterprises Ltd Live Price Chart
Conclusion
Based on the screening Process and annual report published on 29-05-2024, Adani Enterprises Ltd Share appears to be Not Halal and Non-Shariah Compliant (Allah Knows the Best). However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
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Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.