Is Tenaga (5347) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 108.4% / 30% | 15.7% / 30% | 8.1% / 30% | 0.93% / 5% | ✗ NOT HALAL |
| DJIM | 108.4% / 33% | 15.7% / 33% | 8.1% / 33% | 0.93% / 5% | ✗ NOT HALAL |
| MSCI | 45.3% / 33% | 6.6% / 33% | 3.4% / 33% | 0.93% / 5% | ✗ NOT HALAL |
| S&P | 108.4% / 33% | 15.7% / 33% | 8.1% / 33% | 0.93% / 5% | ✗ NOT HALAL |
| FTSE | 45.3% / 33% | 6.6% / 33% | 3.4% / 50% | 0.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 11.2% | |
| Operating Margin | 13.7% | |
| Net Margin | 7.3% | |
| Return on Equity (ROE) | 8.3% | |
| Return on Assets (ROA) | 2.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $15.6B |
| Free Cash Flow | -$675M |
| Total Debt | $89.8B |
| Debt-to-Equity | 169.4 |
| Current Ratio | 0.8 |
| Total Assets | $198.4B |
Price & Trading
| Last Close | MYR 14.38 |
| 50-Day MA | MYR 14.15 |
| 200-Day MA | MYR 13.64 |
| Avg Volume | 6.8M |
| Beta | 0.4 |
|
52-Week Range
MYR 12.50
| |
About Tenaga (5347)
Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally. It operates and maintains thermal and hydroelectric power plants; and operates and manages the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko. The company also supplies fuel and coal for power generation; generates, distributes, supplies, deals in, and sells various energy sources, as well as provides related technical services; develops district cooling systems; operates and maintains co-generation works; manufactures, sells, and repairs distribution, power, and earthing transformers; and owns, develops, and manages dry bulk terminals. In addition, it provides turnkey contracting services to transmission substations; repair and maintenance services to heavy industries and other related services; operation and maintenance services to telecommunication equipment and data centres; higher education, telecommunication, and IT infrastructure solution and services; research and development services in the areas of engineering, information technology, business, accountancy, and liberal studies; and training courses. Further, the company offers insurance and reinsurance, technical and laboratory, consultancy, and other services; manufactures and distributes power and general cables, and aluminum rods; operates an integrated district cooling systems for air conditioning systems of office buildings; assembles, manufactures, tests, reconditions, and distributes high and medium voltage switchgears and control gears for transmission and distribution of electric power; and operates wind assets. It primarily serves commercial, industrial, and residential customers. The company was founded in 1949 and is headquartered in Kuala Lumpur, Malaysia.
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Frequently Asked Questions
Is Tenaga (5347) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Tenaga is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Tenaga's debt ratio?
Tenaga's debt ratio is 108.4% 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 45.3%.
What are Tenaga's key financial metrics?
Tenaga has a market capitalization of $83.8B, trailing P/E ratio of 17.5, and revenue of $67.7B. The company maintains a gross margin of 11.2% and a net margin of 7.3%. Return on equity stands at 8.3%.
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.