ENRNot HalalF
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Compliance Status

Not Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Energizer Holdings, Inc. (ENR) halal? Not Halal. Based on AAOIFI screening, Energizer Holdings, Inc. 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 Energizer Holdings, Inc. (ENR) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/ENR

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%.

231.9% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding ENR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Energizer Holdings, Inc.

ENR: Is Energizer Holdings, Inc. Halal?

Energizer Holdings, Inc.

NYSEIndustrialsUS

$21.70

Market Cap: 1.5B

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About Energizer Holdings, Inc.

Energizer Holdings, Inc. is a global enterprise dedicated to the production, marketing, and distribution of a comprehensive range of batteries and lighting solutions. Their diverse battery portfolio includes lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide chemistries, serving both general and specialized applications, from primary cells to rechargeable options and hearing aid batteries. These are primarily sold under the well-recognized Energizer and Eveready brands. Beyond power sources, the company provides an array of illumination products such as headlights, lanterns, children's lights, area lights, and traditional flashlights, marketed under names like Energizer, Eveready, Rayovac, Hard Case, Dolphin, Varta, and WeatherReady. Energizer also expands its market presence by licensing its Energizer and Eveready trademarks to other businesses developing consumer goods in categories like gaming accessories, automotive batteries, portable power for critical devices, LED light bulbs, generators, power tools, household lighting, and various other lighting products. Furthermore, Energizer holds a significant position in the automotive care sector. They develop and sell a variety of automotive fragrance and appearance items, including protectants, wipes, tire and wheel care products, glass and leather cleaners, air fresheners, and washes designed to clean, shine, refresh, and protect both interior and exterior vehicle surfaces. These are offered under brand names such as Armor All, Nu Finish, Refresh Your Car!, LEXOL, Eagle One, California Scents, Driven, and Bahama & Co. The company also supplies STP-branded fuel and oil additives, various functional fluids, and other performance chemicals. Additionally, they provide do-it-yourself automotive air conditioning recharge products through the A/C PRO brand, along with other refrigerant and recharge kits, sealants, and related accessories. The company's products reach consumers globally through multiple channels, including its direct sales force, distributors, and wholesalers. Its extensive retail and business-to-business network encompasses mass merchandisers, club stores, electronics outlets, grocery stores, home improvement centers, dollar stores, automotive parts retailers, drugstores, hardware stores, e-commerce platforms, convenience stores, sporting goods retailers, hobby/craft shops, office supply vendors, industrial suppliers, medical distributors, and catalog sales. Energizer Holdings, Inc. was incorporated in 2015 and has its corporate headquarters in Saint Louis, Missouri.

Sector: Industrials · Industry: Electrical Equipment & Parts

Why this does not pass

  • Interest-bearing debt is 231.9% of market cap, over the 30% AAOIFI 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 18, 2026

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Screened according to AAOIFI Standard 21

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: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Energizer Holdings, Inc. (ENR) halal to invest in?
Energizer Holdings, Inc. (ENR) 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 Energizer Holdings, Inc. get a F compliance rating?
Energizer Holdings, Inc. (ENR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 231.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Energizer Holdings, Inc.'s Shariah verdict?
Energizer Holdings, Inc.'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 Energizer Holdings, Inc. re-screened for Shariah compliance?
Energizer Holdings, Inc. (ENR) 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 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.