Is Adani Enterprises (ADANIENT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 34.8% / 30% | 2.6% / 30% | 3.6% / 30% | 1.4% / 5% | ✗ NOT HALAL |
| DJIM | 34.8% / 33% | 2.6% / 33% | 3.6% / 33% | 1.4% / 5% | ✗ NOT HALAL |
| MSCI | 46.3% / 33% | 3.4% / 33% | 4.9% / 33% | 1.4% / 5% | ✗ NOT HALAL |
| S&P | 34.8% / 33% | 2.6% / 33% | 3.6% / 33% | 1.4% / 5% | ✗ NOT HALAL |
| FTSE | 46.3% / 33% | 3.4% / 33% | 4.9% / 50% | 1.4% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 48.5% | |
| Operating Margin | 9.1% | |
| Net Margin | 14.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $45.1B |
| Free Cash Flow | -$246.6B |
| Total Debt | $918.2B |
| Debt-to-Equity | 177.8 |
| Total Assets | $2.0T |
Price & Trading
| Last Close | INR 1,886.60 |
| 50-Day MA | INR 2,063.78 |
| 200-Day MA | INR 2,316.58 |
| Avg Volume | 1.5M |
| Beta | 0.4 |
|
52-Week Range
INR 1,813.70
| |
About Adani Enterprises (ADANIENT)
Adani Enterprises Limited, together with its subsidiaries, operates in the new energy ecosystem, data center, airports, roads, copper, digital space, ropeway system, and other sectors in India and internationally. It operates through the Integrated Resources Management (IRM), Mining Services, Commercial Mining, New Energy Ecosystem, Airport, Road, and Others segments. The company engages in the integrated ecosystem for manufacturing green hydrogen, including solar cells, modules, and wind manufacturing; construction, operation, and maintenance of airports and road assets; commercial mining activities; supply of bunker to fuels to shipping vessels; manufacture and supply of defense equipment; and copper smelting and refinery, as well metals manufacturing. It also provides airport-focused services, including duty-free shopping, food and beverages, car parking, meet-and-greet, flight tracking, and airport maps services; and procurement and logistics services for minerals, as well as mining services. In addition, the company is involved in the sourcing, storage, and marketing of apples, grapes, pomegranates, and frozen peas; wastewater treatment, recycling, reuse projects; an operation of a news network; and Infrastructure Development and Water Resource Management. Further, it holds a portfolio of small arms, ammunition, unmanned aerial vehicles, counter-drone systems, missiles, and aircraft services. It also provides education, training and skill development. The company was founded in 1988 and is headquartered in Ahmedabad, India. Adani Enterprises Limited operates as a subsidiary of S.B. Adani Family Trust.
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Frequently Asked Questions
Is Adani Enterprises (ADANIENT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Adani Enterprises 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 Adani Enterprises's debt ratio?
Adani Enterprises's debt ratio is 34.8% 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 46.3%.
What are Adani Enterprises's key financial metrics?
Adani Enterprises has a market capitalization of $2.5T, trailing P/E ratio of 16.5, and revenue of $977.1B. The company maintains a gross margin of 48.5% and a net margin of 14.1%.
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.