No. As of September 2026, GEK Terna SA (GEKTERNA.AT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. GEK Terna SA does not pass Musaffa's business and financial screening criteria.
GEK Terna SA engages in the development and management of investment property, construction of any kind, the management of self-financed or co-financed projects, the construction and, operation of energy projects. The company is headquartered in Athina, Attiki and currently employs 6,149 full-time employees. The firm operates under the following segments: Construction, which refers to contracts for the construction of technical projects; Electricity from Renewable Sources of Energy, which refers to the electricity production from wind generators, from hydroelectric projects and other renewable energy sources; Electricity from Thermal Energy Sources and Trading of Electric Energy, which refers to the electricity production using natural gas as fuel, and to the trading of electric energy; Real Estate Development, which refers to the purchase, development and management of real estate; Industry, which refers to the production of quarry products and the exploitation of magnesite quarries; Concessions, which concerns the construction and operation of infrastructure, other public interest projects and other facilities, as well as Holdings.
GEK Terna SA GEKTERNA.AT
Last Updated: Sep 15, 12:00 AM·ASE
GEKTERNA.AT Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, GEK Terna SA is classified as not halal.