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GNE – Genie Energy Ltd

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Genie Energy Ltd. is a global provider of energy services. The Company operates through two segments: Genie Retail Energy (GRE) and Genie Renewables. GRE segment supplies electricity and natural gas to residential and small business customers through retail energy providers (REPs) operating in certain portions of markets within the United States. The Genie Renewables segment is engaged in four lines of businesses, including Genie Solar Energy (Genie Solar), which is an integrated solar energy company that develops, constructs, and operates solar energy projects for commercial and industrial (C&I) customers as well as its own portfolio; CityCom Solar (CityCom), which is a marketer of community solar energy solutions; Prism Solar Technologies (Prism), which designs, manufactures and supplies specialized solar panels for wholesale distribution, and Diversegy LLC (Diversegy), which provides energy brokerage and advisory services to commercial customers.

AAOIFI ✓

Debt ÷ Market cap (MC)0
Non-Compliant Assets ÷ MC0.12
Impure Income (incl. Interest)0.26
Impure Income%
Interest Income0.26%
Total0.26%

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