How much purification is needed for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) has a non-permissible income ratio of 0.07%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EDN shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) halal? Not Halal. Based on AAOIFI screening, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

EDN: Is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Halal?

Not Halal

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

NYSEUtilitiesAR

$27.40

-0.04%

AvoidBorderlineClean

About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, an Argentine firm, focuses its operations on the distribution and commercialization of electricity throughout the country. Founded in 1992, the company maintains its principal offices in Buenos Aires, Argentina, and functions as a subsidiary of Empresa de Energía del Cono Sur S.A.

Sector: Utilities · Industry: Regulated Electric

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap97852.9% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

1.2B

Price

$27.40

Sector

Utilities

Industry

Regulated Electric

Halal Alternatives in Utilities

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0011.KLA+

Brite-Tech Bhd

$0.27

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3069.KLA+

Mega First Corporation Bhd

$2.97

+0.00%

5041.KLA+

PBA Holdings Bhd

$2.03

+0.00%

5209.KLA+

Gas Malaysia Bhd

$5.25

+0.00%

5264.KLA+

Malakoff Corporation Bhd

$0.87

+0.00%

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Dominion Energy, Inc.

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Frequently Asked Questions

Is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) halal to invest in?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Empresa Distribuidora y Comercializadora Norte Sociedad Anónima get a F compliance rating?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 97852.9% (limit 30%); interest-bearing deposits of 66408.8% (limit 30%); prohibited income of 0.07% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's Shariah verdict?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima re-screened for Shariah compliance?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.