No. As of September 2026, EnLink Midstream LLC (ENLC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. EnLink Midstream LLC does not pass Musaffa's business and financial screening criteria.
EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. The company is headquartered in Dallas, Texas and currently employs 1,072 full-time employees. The company went IPO on 2014-03-10. The Company’s segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas.
EnLink Midstream LLC ENLC
$14.12 $0.11 (0.77%) 1D
Last Updated: Jan 30, 12:00 AM·BE
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ENLC Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, EnLink Midstream LLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for EnLink Midstream LLC (ENLC)
As of September 2026, EnLink Midstream LLC ENLC is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes EnLink Midstream LLC using these criteria to determine its compliance status.
Muslim investors may consider investing in EnLink Midstream LLC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of EnLink Midstream LLC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of EnLink Midstream LLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of EnLink Midstream LLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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