Home › Companies › Energy and utilities › France
Is ARVERNE GROUP stock halal?
Thresholds exceeded under all standards, and the strict view excludes it.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2025.
The ratios
| Criterion | Measure | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 3.2% of total assets | 30% | within threshold |
| Interest-bearing investments | 32.5% of total assets | 30% | threshold exceeded |
| Impermissible income | 14.4% of revenue | 5% | threshold exceeded |
Standard: Total assets, 30% threshold.
The three views
- Median view, our reference : the company is excluded.
- Strictest view : the company is excluded, because it borrows or invests at interest.
- Most lenient view : the company is excluded.
Business activity
Valorisation des ressources souterraines en énergie renouvelable : exploration, forage, production et vente aux utilisateurs finaux
Financial statements read
Fiscal year ended 12/31/2025, in millions of euros. Source: Annual report of ARVERNE GROUP (ESEF format), fiscal year ended 2025-12-31.
What could not be verified
- Market capitalization: missing from the filed financial statements, so the AAOIFI ratio is not computed; tolerance is assessed on total assets.
- Activity classified automatically from the "nature of activities" note of the annual report, without human review: to be confirmed.
- Figures read automatically and not reviewed by a human.
In the same sector
- NEXTERA ENERGY INC Prohibited
- SOUTHERN CO Prohibited
- Constellation Energy Corp Questionable
- Duke Energy CORP Prohibited
- WILLIAMS COMPANIES, INC. Prohibited
- WASTE MANAGEMENT INC Questionable
- ENTERPRISE PRODUCTS PARTNERS L.P. Prohibited
- Energy Transfer LP Prohibited
Compliance comparison only: no opinion on the value of these securities.
General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology