Is Dubai Electricity and Water Authority PJSC halal to invest in?

As of July 2026, Dubai Electricity and Water Authority PJSC DEWA.DB 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.

Is Dubai Electricity and Water Authority PJSC a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Dubai Electricity and Water Authority PJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Dubai Electricity and Water Authority PJSC?

Muslim investors may consider investing in Dubai Electricity and Water Authority PJSC if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Dubai Electricity and Water Authority PJSC classified as NOT HALAL?

Musaffa determines the Shariah status of Dubai Electricity and Water Authority PJSC by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Dubai Electricity and Water Authority PJSC updated?

The Shariah compliance status of Dubai Electricity and Water Authority PJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Dubai Electricity and Water Authority PJSC become non-compliant?

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.

Where can I check the Shariah status of Dubai Electricity and Water Authority PJSC?

You can check the latest Shariah compliance status of Dubai Electricity and Water Authority PJSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Dubai Electricity and Water Authority PJSC DEWA.DB

Last Updated: Jul 21, 12:00 AM·DFM

DEWA.DB Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Dubai Electricity and Water Authority PJSC is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Dubai Electricity and Water Authority PJSC. Stock Analysis DEWA.DB

United Arab Emirates Utilities Large Cap Report: Q1, 2026

Dubai Electricity & Water Authority engages in the supply of water and electricity services. The company is headquartered in Dubai, Dubai. The company went IPO on 2022-04-12. The firm is primarily engaged in comprising water desalination and distribution and the generation, transmission and distribution of electricity throughout the Emirate of Dubai. The Subsidiaries of the Company include Al Etihad Energy Services Company LLC, Etihad Clean Energy Development Company LLC, Jumeirah Energy International Holdings LLC, Jumeirah Energy International LLC and among others. The Company’s power generation and desalination stations include Jebel Ali Gas Power & Desalination Station G; Jebel Ali Power & Desalination Station K; Jebel Ali Power Desalination Station L; Jebel Ali Power & Desalination Station M, and Jebel Ali Power and Desalination Complex, among others.

Key Statistics of Dubai Electricity and Water Authority PJSC (DEWA.DB)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AED2.64AED2.72

Today's Open

AED2.66

Volume

16.72M

P/E Ratio (TTM)

15.93

52 Week Range

AED2.47AED3.15

Market Cap

140.50B

Avg. Volume

7.52M

Dividend Yield

4.66%

Financial Metrics & Statements of Dubai Electricity and Water Authority PJSC (DEWA.DB)

Super Investors Invested in Dubai Electricity and Water Authority PJSC (DEWA.DB)

FAQ's for Dubai Electricity and Water Authority PJSC (DEWA.DB)

As of July 2026, Dubai Electricity and Water Authority PJSC DEWA.DB 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 Dubai Electricity and Water Authority PJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Dubai Electricity and Water Authority PJSC 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 Dubai Electricity and Water Authority PJSC 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 Dubai Electricity and Water Authority PJSC 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 Dubai Electricity and Water Authority PJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.