SBS – Basic Sanitation Company of the State of Sao Paulo SABESP

Not Compliant

Basic Sanitation Company of the State of Sao Paulo SABESP is not Shariah Compliant because it fails the financial ratios.

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo. The Company’s segments include Water and Sewage. The Company also supplies treated water on a wholesale basis to approximately 10 municipalities located in the Sao Paulo metropolitan region and urban conurbations. The Company’s activities comprise water supply, sanitary sewage services, urban rainwater management and drainage services, urban cleaning services, solid waste management services and related activities, including the planning, operation, maintenance and commercialization of energy, and the commercialization of services, products, benefits and rights that directly or indirectly arise from its assets, operations and activities.

AAOIFI ✗

Debt ÷ Market cap (MC)35.69
Non-Compliant Assets ÷ MC20.58