Is ELLO (ELLO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 140.7% / 30% | 11.1% / 30% | 5.4% / 30% | 6.17% / 5% | ✗ NOT HALAL |
| DJIM | 140.7% / 33% | 11.1% / 33% | 5.4% / 33% | 6.17% / 5% | ✗ NOT HALAL |
| MSCI | 76.9% / 33% | 6.1% / 33% | 2.9% / 33% | 6.17% / 5% | ✗ NOT HALAL |
| S&P | 140.7% / 33% | 11.1% / 33% | 5.4% / 33% | 6.17% / 5% | ✗ NOT HALAL |
| FTSE | 76.9% / 33% | 6.1% / 33% | 2.9% / 50% | 6.17% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 41.2% | |
| Operating Margin | 1.2% | |
| Net Margin | -11.6% | |
| Return on Equity (ROE) | -5.3% | |
| Return on Assets (ROA) | -0.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $8M |
| Free Cash Flow | -$67M |
| Total Debt | $521M |
| Debt-to-Equity | 380.9 |
| Current Ratio | 1.2 |
| Total Assets | $677M |
Price & Trading
| Last Close | $25.30 |
| 50-Day MA | $26.30 |
| 200-Day MA | $21.12 |
| Avg Volume | 3K |
| Beta | 1.0 |
|
52-Week Range
$13.00
| |
About ELLO (ELLO)
Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Europe, the United States, and Israel. It owns photovoltaic (PV) plants comprising five PV plants in Spain. The company also engages in the operation of a dual-fuel operated power plant in Ashkelon, Israel; and construction of a hydro power plant in the Manara Cliff, Israel. In addition, it operates anaerobic digestion plants. The company was formerly known as NUR Macroprinters Ltd. and changed its name to Ellomay Capital Ltd. in April 2008. Ellomay Capital Ltd. was incorporated in 1987 and is headquartered in Tel Aviv, Israel.
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Frequently Asked Questions
Is ELLO (ELLO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ELLO 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 ELLO's debt ratio?
ELLO's debt ratio is 140.7% 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 76.9%.
What are ELLO's key financial metrics?
ELLO has a market capitalization of $344M, and revenue of $40M. The company maintains a gross margin of 41.2% and a net margin of -11.6%. Return on equity stands at -5.3%.
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.