UGE – UGE International Ltd

Not Compliant

UGE International Ltd is not Shariah Compliant because it fails the financial ratios.

UGE International Ltd. develops, owns, and operates community and commercial solar generation and storage projects. The Company operates through three segments: EPC, Engineering services, and Energy generation. The EPC segment is engaged in building solar energy projects for third parties. It provides engineering and consulting services through the Engineering services segment. The Energy generation segment is engaged in the sale of electricity generated, and the sale of renewable energy credits. The Company’s distributed energy solutions deliver cleaner energy to businesses and consumers. The Company has installed approximately 750 projects. The Company’s solar projects include the Bertoline, Zerega Avenue, Abingdon, Staten Island Community, Sharp New Jersey Headquarters, Brinks Warehouse, Smithville, Bertoline, and Norway, among others.

AAOIFI ✗

Debt ÷ Market cap (MC)411.31
Non-Compliant Assets ÷ MC3.66

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