Is Doosan Enerbility (034020) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.2% / 30% | 4.8% / 30% | 4.6% / 30% | 0.67% / 5% | ✓ HALAL |
| DJIM | 10.2% / 33% | 4.8% / 33% | 4.6% / 33% | 0.67% / 5% | ✓ HALAL |
| MSCI | 24.2% / 33% | 11.6% / 33% | 11.0% / 33% | 0.67% / 5% | ✓ HALAL |
| S&P | 10.2% / 33% | 4.8% / 33% | 4.6% / 33% | 0.67% / 5% | ✓ HALAL |
| FTSE | 24.2% / 33% | 11.6% / 33% | 11.0% / 50% | 0.67% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 16.1% | |
| Operating Margin | 3.4% | |
| Net Margin | 0.5% | |
| Return on Equity (ROE) | 1.7% | |
| Return on Assets (ROA) | 1.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $242.2B |
| Free Cash Flow | -$411.4B |
| Total Debt | $6.4T |
| Debt-to-Equity | 51.9 |
| Current Ratio | 1.1 |
| Total Assets | $26.3T |
Price & Trading
| Last Close | KRW 100,900.00 |
| 50-Day MA | KRW 97,522.00 |
| 200-Day MA | KRW 77,627.50 |
| Avg Volume | 7.4M |
|
52-Week Range
KRW 19,960.00
| |
About Doosan Enerbility (034020)
Doosan Enerbility Co., Ltd. operates as an energy company in South Korea, the Americas, Asia, the Middle East, Europe, and internationally. The company offers on/offshore wind turbines, gas turbines and related services, small modular reactors, and energy storage systems; nuclear reactors and internal structures, steam generators, nuclear reactor coolant pumps, pressurizers, head assembly, fuel handling equipment, fuel storage racks, heat exchangers, pressure vessels and tanks, and control element drive mechanism; and steam turbines, boilers, air pollution control systems, plant instrumentation and control systems, and transport equipment. It also provides hydropower turbines, and instrumentation and control systems; and generator parts, such as runners, spiral casing, stay rings, generator stators, and generator rotors and shafts, as well as engages in the design, engineering, equipment supply, and construction works for combined cycle power plants, biomass power plants, and wind farm projects. In addition, the company offers seawater desalination plants; water treatment plants comprising membrane bio reactors, reverse osmosis, and sludge retreatment and zero liquid discharge systems; 3D printing technology; and castings and forgings for power plants, marine vessels, steelworks, molds and tool steel, and other various industrial facilities. Further, it engages in construction works, including roads, railways, bridges, industrial complexes and ports, multipurpose buildings, apartments, business facilities, educational and research facilities, and thermal and combined cycle power plants; and the production, storage, transportation, and utilization of hydrogen. Additionally, the company offers professional and financial investment services, software and system engineering, and construction equipment; produces and sells fuel cells; and operates resort and golf clubs. Doosan Enerbility Co., Ltd. was incorporated in 1962 and is headquartered in Changwon-si, South Korea.
Purification Calculator
As a halal stock with 0.67% impermissible income, you need to purify your dividends.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is Doosan Enerbility (034020) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Doosan Enerbility is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Doosan Enerbility's debt ratio?
Doosan Enerbility's debt ratio is 10.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 24.2%.
Does Doosan Enerbility require dividend purification?
Yes, Doosan Enerbility has an impermissible income ratio of 0.67%, which means 0.67% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Doosan Enerbility's key financial metrics?
Doosan Enerbility has a market capitalization of $62.8T, and revenue of $16.2T. The company maintains a gross margin of 16.1% and a net margin of 0.5%. Return on equity stands at 1.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.