Is ENBRIDGE INC (ENB) Halal?

NYSE Energy Canada $117.9B
✗ NOT HALAL
Confidence: 90/100

Shariah Screening — 5 Standards

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 89.2%
/ 30%
0.9%
/ 30%
6.4%
/ 30%
5.04%
/ 5%
✗ NOT HALAL
DJIM 89.2%
/ 33%
0.9%
/ 33%
6.4%
/ 33%
5.04%
/ 5%
✗ NOT HALAL
MSCI 48.2%
/ 33%
0.5%
/ 33%
3.4%
/ 33%
5.04%
/ 5%
✗ NOT HALAL
S&P 89.2%
/ 33%
0.9%
/ 33%
6.4%
/ 33%
5.04%
/ 5%
✗ NOT HALAL
FTSE 48.2%
/ 33%
0.5%
/ 33%
3.4%
/ 50%
5.04%
/ 5%
✗ NOT HALAL

Company Overview

Ticker
ENB
Company
ENBRIDGE INC
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Midstream
Country
Canada
Market Cap
$117.9B
Currency
USD

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Frequently Asked Questions

Is ENBRIDGE INC (ENB) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ENBRIDGE INC 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 Shariah screening methodology do you use?

We apply all 5 major Shariah screening standards: AAOIFI Standard 21, Dow Jones Islamic Market Index (DJIM), MSCI Islamic, S&P Shariah, and FTSE Shariah. Each standard has different thresholds for debt, cash, receivables, and impermissible income ratios.

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 daily, 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.