Harju Elekter Group AS engages in the manufacture of electrical equipment. The company is headquartered in Keila, Harjumaa and currently employs 844 full-time employees. The firm is a head of the Harju Elekter Group of companies, that focuses on three business areas: production of electrical equipment, as well as industrial real estate and other operations through its subsidiaries. Production includes designing, selling, manufacturing, and after-sales servicing of power distribution, switching and converting devices and automation, process control, and industrial control equipment. Industrial real estate includes developing of industrial real estate, project management, renting and the accompanying services to rental partners and the Harju Elekter Group. Other operations refers to financial investment management, retail and project-based sale of electrical products and electrical installation works in shipbuilding as well as other industries.
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FAQ's for Harju Elekter Group AS (HD8.SG)
As of August 2026, Harju Elekter Group AS HD8.SG is classified as not covered 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 Harju Elekter Group AS using these criteria to determine its compliance status.
Muslim investors may consider investing in Harju Elekter Group AS 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 Harju Elekter Group AS 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 Harju Elekter Group AS 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 Harju Elekter Group AS 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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