Is ITM Power PLC halal to invest in?

According to Musaffa's Shariah screening methodology, ITM Power PLC (ITM.L) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is ITM Power PLC a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes ITM Power PLC using these criteria to determine its compliance status.

Can Muslims buy shares of ITM Power PLC?

Muslim investors may consider investing in ITM Power PLC if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is ITM Power PLC classified as NOT HALAL?

Musaffa determines the Shariah status of ITM Power PLC by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for ITM Power PLC updated?

The Shariah compliance status of ITM Power PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like ITM Power PLC become non-compliant?

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.

Where can I check the Shariah status of ITM Power PLC?

You can check the latest Shariah compliance status of ITM Power PLC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ITM Power PLC ITM.L

GBX159.10 GBX1.02 (0.64%) 1D

Last Updated: May 15, 12:00 AM·LSE

ITM.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 06, 2026

Report Source: 2026 2nd Quarter Report

ITM Power PLC. Stock Analysis ITM.L

United Kingdom Industrials Small Cap Report: Q2, 2026

ITM Power Plc engages in the design and manufacturing of proton exchange membrane (PEM) technology to produce green hydrogen. The firm delivers several 100MW plants to its customers. Its electrolyzer products include TRIDENT, NEPTUNE II, NEPTUNE V and POSEIDON. TRIDENT is a PEM electrolyzer stack technology. TRIDENT is a two-MW electrolyzer skid based on its 30-bar stacks. NEPTUNE is a fully autonomous electrolyzer system supplied with a power conversion system and, incorporating all the necessary balance of the plant, the electrolyzer can be readily deployed as a complete package. POSEIDON is a 20 MW module for large-scale projects. POSEIDON is a modular building block enabling scale up with an optimized footprint. Suitable for both indoor and outdoor installation, it consists of skid-mounted units which can be prefabricated and pre-tested.

Key Statistics of ITM Power PLC (ITM.L)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

GBX155.90GBX164.39

Today's Open

GBX158.09

Volume

1.08M

P/E Ratio (TTM)

52 Week Range

GBX44.05GBX179.50

Market Cap

112.28B

Avg. Volume

2.97M

Dividend Yield

Financial Metrics & Statements of ITM Power PLC (ITM.L)

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FAQ's for ITM Power PLC (ITM.L)

According to Musaffa’s Shariah screening methodology, ITM Power PLC (ITM.L) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.