Siemens Energy AG

SMNEY: Is Siemens Energy AG Halal?

Siemens Energy AG

OTCIndustrialsDE

$193.96

+6.37%

Market Cap: 165.9B

Compliance Status

Halal

Screened on Jul 24, 2026 · AAOIFI Standard 21

A

Very Good

87Score

Is Siemens Energy AG (SMNEY) halal? Halal. Based on AAOIFI screening, Siemens Energy AG passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

3.1% of 30.0% limit

What this means for you

You can own SMNEY

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Siemens Energy AG

Siemens Energy AG is a global energy technology firm operating through two main divisions: Gas and Power, and Siemens Gamesa Renewable Energy. Within its Gas and Power segment, the company offers a comprehensive suite of solutions for power generation, including gas and steam turbines, generators, gas engines, and associated control and electrical systems. It also provides services such as performance optimization, maintenance, customer training, and expert consultation for both centralized and distributed power plants. Furthermore, this segment delivers equipment for energy transmission and distribution, such as transformers, various types of switchgear, AC transmission systems, offshore wind farm grid connections, high-voltage direct current (HVDC) systems, high-voltage substations, and digital components. The portfolio also extends to rotating machinery like industrial and aero-derivative gas turbines, turbo and reciprocating compressors, and integrated compression solutions, alongside offerings in electrification, automation, digitalization, plant safety and security, and water treatment. A key focus for Siemens Energy is the development of advanced technologies for decarbonized energy and energy storage. The Siemens Gamesa Renewable Energy segment specializes in wind power solutions. This includes the design, engineering, manufacturing, and installation of onshore wind turbines, as well as the design, production, and deployment of offshore wind turbine equipment. The company also provides ongoing operation and maintenance services for wind farms. Its diverse clientele spans utilities, independent power producers, project developers, oil and gas companies, transmission and distribution system operators, and various industrial and infrastructure clients. Established in 1866, Siemens Energy AG is headquartered in Munich, Germany.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 24, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP-ADR
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Frequently Asked Questions

Is Siemens Energy AG (SMNEY) halal to invest in?
Based on AAOIFI Standard 21 screening, Siemens Energy AG (SMNEY) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Siemens Energy AG get a A compliance rating?
Siemens Energy AG (SMNEY) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Siemens Energy AG's Shariah verdict?
Siemens Energy AG'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 Siemens Energy AG re-screened for Shariah compliance?
Siemens Energy AG (SMNEY) 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 24, 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.