Is Enerflex Ltd. (EFXT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 29.4% / 30% | 3.5% / 30% | 23.0% / 30% | 0.21% / 5% | ✓ HALAL |
| DJIM | 29.4% / 33% | 3.5% / 33% | 23.0% / 33% | 0.21% / 5% | ✓ HALAL |
| MSCI | 27.8% / 33% | 3.3% / 33% | 21.7% / 33% | 0.21% / 5% | ✓ HALAL |
| S&P | 29.4% / 33% | 3.5% / 33% | 23.0% / 33% | 0.21% / 5% | ✓ HALAL |
| FTSE | 27.8% / 33% | 3.3% / 33% | 21.7% / 50% | 0.21% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.8% | |
| Operating Margin | 10.0% | |
| Net Margin | 2.5% | |
| Return on Equity (ROE) | 6.0% | |
| Return on Assets (ROA) | 7.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $345M |
| Free Cash Flow | $230M |
| Total Debt | $654M |
| Debt-to-Equity | 59.8 |
| Current Ratio | 1.1 |
| Total Assets | $2.7B |
Price & Trading
| Last Close | $21.32 |
| 50-Day MA | $19.69 |
| 200-Day MA | $13.35 |
| Avg Volume | 551K |
| Beta | 2.0 |
|
52-Week Range
$6.18
| |
About Enerflex Ltd. (EFXT)
Enerflex Ltd. offers modular natural gas, power technology, and treated water solutions in North America, Latin America, and the Eastern Hemisphere. The company's portfolio includes compression, processing, cryogenic, and treated water solutions, spanning all phases of a project's lifecycle, from front-end engineering and design to after-market services and energy infrastructure portfolio includes energy infrastructure solutions under contract for natural gas processing, compression, and treated water equipment. It also provides contract operations services that includes trained personnel, equipment, tools, materials, and supplies to meet natural gas needs, electric power, and produced water needs as well as designing, sourcing, installing, operating, servicing, repairing, and maintaining equipment. In addition, the company offers after-market services products, such as delivers comprehensive mechanical services to client partners, including parts distribution; operations and maintenance solutions; equipment optimization and maintenance programs; manufacturer warranties; exchange components; long-term service agreements; and technical services, as well as provides contract operations and maintenance services for natural gas facilities. Further, the company involves in the sale of modular natural gas-handling and low-carbon solutions that are engineered, designed, fabricated, and assembled for gas processing, including cryogenic solutions; gas compression systems; CCUS; water treatment; and electric power generation systems, as well as engineers, designs, fabricates, constructs, commissions, operates, and services hydrocarbon processing equipment. Additionally, it provides field construction, installation, and commissioning for an integrated electric power solution, as well as re-engineering and refurbishment services. The company was formerly known as Enerflex Systems Income Fund and changed its name to Enerflex Ltd. in January 2010. Enerflex Ltd. was founded in 1980 and is headquartered in Calgary, Canada.
Purification Calculator
As a halal stock with 0.21% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Enerflex Ltd. (EFXT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Enerflex Ltd. 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 Enerflex Ltd.'s debt ratio?
Enerflex Ltd.'s debt ratio is 29.4% 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 27.8%.
Does Enerflex Ltd. require dividend purification?
Yes, Enerflex Ltd. has an impermissible income ratio of 0.21%, which means 0.21% 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 Enerflex Ltd.'s key financial metrics?
Enerflex Ltd. has a market capitalization of $2.6B, trailing P/E ratio of 41.4, and revenue of $2.6B. The company maintains a gross margin of 22.8% and a net margin of 2.5%. Return on equity stands at 6.0%.
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.