Is ReNew Energy Global plc (RNWWW) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 76.3% / 33% | 8.5% / 33% | 2.1% / 33% | 4.09% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 76.3% / 33% | 8.5% / 33% | 2.1% / 50% | 4.09% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 83.8% | |
| Operating Margin | 38.1% | |
| Net Margin | 9.2% | |
| Return on Equity (ROE) | 9.5% | |
| Return on Assets (ROA) | 4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $67.6B |
| Free Cash Flow | -$26.1B |
| Total Debt | $732.3B |
| Debt-to-Equity | 545.9 |
| Current Ratio | 0.6 |
| Total Assets | $959.8B |
Price & Trading
| Last Close | $0.01 |
| 50-Day MA | $0.01 |
| 200-Day MA | $0.05 |
| Avg Volume | 15K |
| Beta | 0.9 |
|
52-Week Range
$0.00
| |
About ReNew Energy Global plc (RNWWW)
ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through five segments: Wind Power, Solar Power, Hydro Power, Transmission Line, and Manufacturing segments. The company develops and owns utility scale wind and solar energy projects, corporate wind and solar energy projects, and utility-scale firm power projects. It also provides operation and maintenance services; consultancy services; and engineering, procurement, and construction services. As of May 31, 2025, the company operates a 18.46 GWs total capacity of clean energy portfolio. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
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Frequently Asked Questions
Is ReNew Energy Global plc (RNWWW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ReNew Energy Global plc 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 ReNew Energy Global plc's debt ratio?
ReNew Energy Global plc's debt ratio is not available 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 76.3%.
What are ReNew Energy Global plc's key financial metrics?
ReNew Energy Global plc has a market capitalization of N/A, and revenue of $97.1B. The company maintains a gross margin of 83.8% and a net margin of 9.2%. Return on equity stands at 9.5%.
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.