ENLC – EnLink Midstream LLC

Not Compliant

EnLink Midstream LLC is not Shariah Compliant because it fails the financial ratios.

EnLink Midstream, LLC provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO2 transportation for carbon capture and sequestration (CCS). The Company’s segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas.

AAOIFI ✗

Debt ÷ Market cap (MC)75.63
Non-Compliant Assets ÷ MC0.45
Impure Income (incl. Interest)
Impure Income%
Interest Income%
Total%