Is Veolia (VIE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 84.3% / 30% | 42.4% / 30% | 39.1% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 84.3% / 33% | 42.4% / 33% | 39.1% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 28.6% / 33% | 14.4% / 33% | 13.2% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 84.3% / 33% | 42.4% / 33% | 39.1% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 28.6% / 33% | 14.4% / 33% | 13.2% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.7% | |
| Operating Margin | 7.7% | |
| Net Margin | 2.7% | |
| Return on Equity (ROE) | 12.2% | |
| Return on Assets (ROA) | 3.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.2B |
| Free Cash Flow | $5.2B |
| Total Debt | $20.2B |
| Debt-to-Equity | 222.5 |
| Current Ratio | 0.9 |
| Total Assets | $70.7B |
Price & Trading
| Last Close | EUR 32.12 |
| 50-Day MA | EUR 32.55 |
| 200-Day MA | EUR 30.26 |
| Avg Volume | 1.8M |
| Beta | 1.0 |
|
52-Week Range
EUR 27.20
| |
About Veolia (VIE)
Veolia Environnement SA designs and provides water, waste, and energy management solutions. It operates through France and Hazardous Waste Europe; Europe; Americas, Asia Pacific, Africa Middle-East; Water Technologies; and Other segments. The company is involved in resource management; production, treatment, distribution, and delivery of drinking and industrial process water; customer relationship management; collection, treatment, and recycling of wastewater; provision of organic matter, salts, metals, complex molecules, and energy; design and construction of water treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities. It also provides waste collection, product and waste material recovery, and waste-to-energy processing, including sale of recycled products; material recovery of organic waste; dismantling and remediation; hazardous waste processing and treatment; urban cleaning; and industrial maintenance and cleaning services. In addition, the company engages in the operation and maintenance of heating and cooling networks; optimization of industrial utilities, such as steam generation, cooling, electricity, and compressed air; installation and maintenance of production equipment; development of energy services to reduce energy consumption and CO2 emissions of buildings; integrated services for building management; production of electricity from renewable and alternative energy sources, including geothermy, biomass, co-generation, and wastewater plants, etc.; and provision of Hubgrade, a management platform for building and infrastructure energy efficiency monitoring, as well as thermal and multi-technical services. It serves industrial and service sector companies, public authorities, and individuals. The company was formerly known as Vivendi Environnement and changed its name to Veolia Environnement SA in January 2003. Veolia Environnement SA was founded in 1853 and is headquartered in Aubervilliers, France.
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Frequently Asked Questions
Is Veolia (VIE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Veolia 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 Veolia's debt ratio?
Veolia's debt ratio is 84.3% 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 28.6%.
What are Veolia's key financial metrics?
Veolia has a market capitalization of $23.3B, trailing P/E ratio of 18.8, and revenue of $44.4B. The company maintains a gross margin of 17.7% and a net margin of 2.7%. Return on equity stands at 12.2%.
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.