Is E (E) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 52.5% / 30% | 21.3% / 30% | 26.5% / 30% | 8.69% / 5% | ✗ NOT HALAL |
| DJIM | 52.5% / 33% | 21.3% / 33% | 26.5% / 33% | 8.69% / 5% | ✗ NOT HALAL |
| MSCI | 25.1% / 33% | 10.2% / 33% | 12.7% / 33% | 8.69% / 5% | ✗ NOT HALAL |
| S&P | 52.5% / 33% | 21.3% / 33% | 26.5% / 33% | 8.69% / 5% | ✗ NOT HALAL |
| FTSE | 25.1% / 33% | 10.2% / 33% | 12.7% / 50% | 8.69% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.2% | |
| Operating Margin | -1.8% | |
| Net Margin | 3.1% | |
| Return on Equity (ROE) | 5.1% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $13.1B |
| Free Cash Flow | $4.6B |
| Total Debt | $36.8B |
| Debt-to-Equity | 64.8 |
| Current Ratio | 1.3 |
| Total Assets | $146.9B |
Price & Trading
| Last Close | $54.10 |
| 50-Day MA | $45.61 |
| 200-Day MA | $38.02 |
| Avg Volume | 396K |
| Beta | 0.6 |
|
52-Week Range
$24.65
| |
About E (E)
Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally. The company engages in exploration, development, extracting, manufacturing, trading, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio and Power; Refining and Chemicals; Enilive; Plenitude; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipelines; electricity; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and services. Further, the company engages in the retail marketing of gas, power, and related services; production and wholesale sale of electricity from renewable plants; and building and managing a network of charging points for electric vehicles. Eni S.p.A. was founded in 1953 and is headquartered in Rome, Italy.
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Frequently Asked Questions
Is E (E) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), E 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 E's debt ratio?
E's debt ratio is 52.5% 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 25.1%.
What are E's key financial metrics?
E has a market capitalization of $81.4B, trailing P/E ratio of 30.5. The company maintains a gross margin of 20.2% and a net margin of 3.1%. Return on equity stands at 5.1%.
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.