Manila Electric Co MERVF
$8.09 $8.09
Last Updated: Aug 21, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
MERVF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Manila Electric Co is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Manila Electric Co. Stock Analysis MERVF
United States Utilities Mid Cap Manila Electric Co. engages in the generation and distribution of electricity. The company employs 6,175 full-time employees Its segments include Power and Other Services. The Power segment consists of electricity distribution, power generation and retail electricity supply (RES). The Other Services segment is involved principally in electricity-related services, such as electro-mechanical engineering, construction, consulting and related manpower services, e-transaction and bills collection, telecommunications services, rail-related operations and maintenance services, insurance and re-insurance, e-business development, power distribution management, energy systems management and harnessing renewable energy and electric vehicle and charging infrastructure solutions. Electricity distribution includes electricity distribution and supply of power on a pass-through basis covering all captive customers of the Company, Clark Electric Distribution Corporation and Shin Clark Power Corporation.
Manila Electric Co (MERVF) Chart
Financial Metrics & Statements of Manila Electric Co (MERVF)
FAQ's for Manila Electric Co (MERVF)
- As of August 2026, Manila Electric Co MERVF is classified as not 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 Manila Electric Co using these criteria to determine its compliance status.
- Muslim investors may consider investing in Manila Electric Co 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 Manila Electric Co 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 Manila Electric Co 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 Manila Electric Co on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Manila Electric Co (MERVF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
 Xcel Energy Inc XEL | $76.30 | 3.06% | $48.84B | Unlock |