What is Enel Chile S.A.'s Shariah compliance score?

Enel Chile S.A.'s (ENIC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Enel Chile S.A. pass AAOIFI screening?

Enel Chile S.A. (ENIC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ENIC: 45.8%), (3) interest-bearing deposits below 30% (ENIC: 7.5%), and (4) prohibited income below 5% (ENIC: 0.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Enel Chile S.A. stock?

Enel Chile S.A. (ENIC) has a non-permissible income ratio of 0.80%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ENIC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Enel Chile S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Enel Chile S.A. (ENIC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ENIC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ENIC: Is Enel Chile S.A. Halal?

Enel Chile S.A.

NYSEUtilitiesCL

$4.47

+0.22%

Market Cap: 6.2B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Enel Chile S.A. (ENIC) halal? Not Halal. Based on AAOIFI screening, Enel Chile S.A. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

45.8% of 30.0% limit

What this means for you

Most scholars advise not holding ENIC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Enel Chile S.A.

Enel Chile S.A. stands as a significant electricity provider within Chile, primarily focused on the generation, transmission, and distribution of power. Its activities are structured around distinct generation and distribution business units. The company produces electricity utilizing a variety of sources, including hydroelectric, thermal, wind, solar, and geothermal power plants. As of December 31, 2021, it boasted a gross installed capacity of 8,054 megawatts. In its distribution segment, Enel Chile supplies electricity to roughly 2.0 million customers across 33 municipalities within the Santiago metropolitan region, managing a transmission network spanning 2,105 square kilometers. Beyond its core electricity services, the company also participates in the sale and transportation of natural gas, in addition to offering construction, engineering, and consulting services. Its diverse customer base includes residential, commercial, industrial, and governmental entities. Founded in 2016 and headquartered in Santiago, Chile, the firm was formerly known as Enersis Chile S.A. before rebranding to Enel Chile S.A. in October 2016. It operates as a subsidiary of Enel S.p.A.

Sector: Utilities · Industry: Regulated Electric

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

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.

Fiscal: FY 2025Data source: FMP

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

$0.25

-0.02%

3069.KLA+

Mega First Corporation Bhd

$2.89

+0.00%

5041.KLA+

PBA Holdings Bhd

$2.01

-0.01%

5209.KLA+

Gas Malaysia Bhd

$5.13

-0.01%

5264.KLA+

Malakoff Corporation Bhd

$0.79

+0.00%

More Utilities Stocks

NEE

NextEra Energy, Inc.

The Southern Company

DUK

Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

B+

Dominion Energy, Inc.

Free · No credit card required

Track ENIC and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Enel Chile S.A. (ENIC) halal to invest in?

Enel Chile S.A. (ENIC) 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 Enel Chile S.A. get a F compliance rating?

Enel Chile S.A. (ENIC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 45.8% (limit 30%); interest-bearing deposits of 7.5% (limit 30%); prohibited income of 0.80% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Enel Chile S.A.'s Shariah verdict?

Enel Chile S.A.'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 Enel Chile S.A. re-screened for Shariah compliance?

Enel Chile S.A. (ENIC) 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: Jul 20, 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.