Airengy Tech Ltd. is a technology company, which engages in the development of underground compressed-air storage units. The company is headquartered in Ra'Anana, Central(Hamerkaz) and currently employs 21 full-time employees. The company went IPO on 2007-06-24. The firm is developing a storage system that should operate in the energy storage market for the electricity sector. The development of this system is based on the Company’s existing storage system, combined with a technology for converting energy stored in compressed air into electrical energy. Additionally, the Company provides a solution for compressed air storage designed to meet the factory air consumption pattern, reducing the inherit compressed air system inefficiencies from both economic and ecological perspectives. The firm focuses on cost‑efficient storage expansion, low‑impact environmental engineering, and local‑supply‑chain–based construction to support resilient, sustainable energy systems.
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As of August 2026, Airengy Tech Ltd ITGMF 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 Airengy Tech Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Airengy Tech Ltd 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 Airengy Tech Ltd 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 Airengy Tech Ltd 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 Airengy Tech Ltd 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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