Is EDENOR (EDN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 38073.0% / 30% | 31767.4% / 30% | 32651.6% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 38073.0% / 33% | 31767.4% / 33% | 32651.6% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 12.0% / 33% | 10.0% / 33% | 10.3% / 33% | 0.06% / 5% | ✓ HALAL |
| S&P | 38073.0% / 33% | 31767.4% / 33% | 32651.6% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 12.0% / 33% | 10.0% / 33% | 10.3% / 50% | 0.06% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.8% | |
| Operating Margin | 5.3% | |
| Net Margin | 8.0% | |
| Return on Equity (ROE) | 11.4% | |
| Return on Assets (ROA) | 1.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $245.9B |
| Free Cash Flow | -$114.0B |
| Total Debt | $476.4B |
| Debt-to-Equity | 53.7 |
| Current Ratio | 1.1 |
| Total Assets | $4.0T |
Price & Trading
| Last Close | $28.00 |
| 50-Day MA | $28.10 |
| 200-Day MA | $26.58 |
| Avg Volume | 106K |
| Beta | 0.5 |
|
52-Week Range
$14.38
| |
About EDENOR (EDN)
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in January 1997. The company was founded in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A.
Related Halal Stocks in Utilities
Frequently Asked Questions
Is EDENOR (EDN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EDENOR 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 EDENOR's debt ratio?
EDENOR's debt ratio is 38073.0% 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 12.0%.
What are EDENOR's key financial metrics?
EDENOR has a market capitalization of $1.3B, trailing P/E ratio of 7.0, and revenue of $2.0T. The company maintains a gross margin of 22.8% and a net margin of 8.0%. Return on equity stands at 11.4%.
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.