ENJNot HalalF
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Compliance Status

Not Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Entergy New Orleans, LLC (ENJ) halal? Not Halal. Based on AAOIFI screening, Entergy New Orleans, LLC passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Entergy New Orleans, LLC (ENJ) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/ENJ

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%.

20222.7% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding ENJ

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Entergy New Orleans, LLC

ENJ: Is Entergy New Orleans, LLC Halal?

Entergy New Orleans, LLC

NYSEUtilitiesUS

$18.02

Market Cap: 162.1M

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About Entergy New Orleans, LLC

Entergy New Orleans, LLC is an electric and natural gas utility that serves Orleans Parish, Louisiana. A subsidiary of Entergy Corporation, it engages in the production and distribution of electricity and gas.

Sector: Utilities · Industry: Regulated Gas

Why this does not pass

  • Interest-bearing debt is 20222.7% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 8, 2026

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Utilities

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

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Frequently Asked Questions

Is Entergy New Orleans, LLC (ENJ) halal to invest in?
Entergy New Orleans, LLC (ENJ) 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 Entergy New Orleans, LLC get a F compliance rating?
Entergy New Orleans, LLC (ENJ) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20222.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Entergy New Orleans, LLC's Shariah verdict?
Entergy New Orleans, LLC'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 Entergy New Orleans, LLC re-screened for Shariah compliance?
Entergy New Orleans, LLC (ENJ) 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: Oct 8, 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.