Yes. As of September 2026, Fernheizwerk Neukoelln AG (FHW.F) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fernheizwerk Neukoelln AG passes Musaffa's business and financial screening criteria.
Fernheizwerk Neukölln AG engages in the production and distribution of district heating through the operation of a supply network and central heating plant. The company is headquartered in Berlin, Berlin and currently employs 74 full-time employees. The firm's district heating system is a network of underground pipes that pump steam and hot water around the district. The steam and water are by-products from the generation of electricity at the local coal-fired cogeneration power station. Its network is comprised of 88.1 kilometers of piping and 1,023 district heating stations. Its buildings have access via basement delivery stations, from which hot water is pumped around radiators. The system is fully automated so that the level of heating provided is appropriate according to the atmospheric temperature. The firm offers its services to approximately 36,000 clients, including Neukoelln's department stores, hotels, industrial and private customers as well as public institutions.
Fernheizwerk Neukoelln AG FHW.F
€18.60
Last Updated: Sep 10, 12:00 AM·XFRA
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FHW.F Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Fernheizwerk Neukoelln AG is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for Fernheizwerk Neukoelln AG (FHW.F)
As of September 2026, Fernheizwerk Neukoelln AG FHW.F is classified as 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 Fernheizwerk Neukoelln AG using these criteria to determine its compliance status.
Muslim investors may consider investing in Fernheizwerk Neukoelln AG 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 Fernheizwerk Neukoelln AG 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 Fernheizwerk Neukoelln AG 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 Fernheizwerk Neukoelln AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.