Is Kenon Holdings Ltd. (KEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 29.1% / 30% | 26.4% / 30% | 2.1% / 30% | 4.26% / 5% | ✓ HALAL |
| DJIM | 29.1% / 33% | 26.4% / 33% | 2.1% / 33% | 4.26% / 5% | ✓ HALAL |
| MSCI | 30.4% / 33% | 27.5% / 33% | 2.2% / 33% | 4.26% / 5% | ✓ HALAL |
| S&P | 29.1% / 33% | 26.4% / 33% | 2.1% / 33% | 4.26% / 5% | ✓ HALAL |
| FTSE | 30.4% / 33% | 27.5% / 33% | 2.2% / 50% | 4.26% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.9% | |
| Operating Margin | 12.8% | |
| Net Margin | 59.2% | |
| Return on Equity (ROE) | 22.2% | |
| Return on Assets (ROA) | 0.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $265M |
| Free Cash Flow | -$76M |
| Total Debt | $1.3B |
| Debt-to-Equity | 46.8 |
| Current Ratio | 4.7 |
| Total Assets | $4.2B |
Price & Trading
| Last Close | $81.20 |
| 50-Day MA | $78.37 |
| 200-Day MA | $57.37 |
| Avg Volume | 17K |
| Beta | 0.5 |
|
52-Week Range
$27.10
| |
About Kenon Holdings Ltd. (KEN)
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel and the United States. It engages in the generation and supply of electricity, and energy; development, construction, operation of power plants, and energy generation facilities using natural gas and renewable energy; and management of solar and wind energy, and conventional natural gas-fired power plants. The company was incorporated in 2014 and is based in Singapore. Kenon Holdings Ltd. is a subsidiary of Ansonia Holdings Singapore B.V.
Purification Calculator
As a halal stock with 4.26% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Kenon Holdings Ltd. (KEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Kenon Holdings 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 Kenon Holdings Ltd.'s debt ratio?
Kenon Holdings Ltd.'s debt ratio is 29.1% 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 30.4%.
Does Kenon Holdings Ltd. require dividend purification?
Yes, Kenon Holdings Ltd. has an impermissible income ratio of 4.26%, which means 4.26% 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 Kenon Holdings Ltd.'s key financial metrics?
Kenon Holdings Ltd. has a market capitalization of $4.2B, and revenue of $751M. The company maintains a gross margin of 26.9% and a net margin of 59.2%. Return on equity stands at 22.2%.
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.