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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
EN

ENC.MC

$2.47
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 1.30%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

ENCE Energía y Celulosa, S.A. (ENC.MC) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$3.34
+35.3% · 9 analysts
Institutional own.
8.1%
of shares
NON-COMPLIANT
Sharia compliance
1.30%
Non-permissible income — HTR, from filings (2025-12-31)
$3.34
Price target (+35.3%) · 9 analysts
8.1%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. ENC.MC files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 94.70% 30.00% Fail
Interest-bearing investments 37.79% 30.00% Fail
Non-permissible income 1.30% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 35.20% 33.00% Fail
Interest-bearing investments 14.05% 33.00% Pass
Non-liquid assets 84.20% at least 20.00% Pass
Non-permissible income 1.30% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 35.20% 33.33% Fail
Cash + interest-bearing securities 14.05% 33.33% Pass
Accounts receivable 15.80% 33.33% Pass
Non-permissible income 1.30% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 35.20% 33.33% Fail
Cash + interest-bearing securities 14.05% 33.33% Pass
Accounts receivable 15.80% 50.00% Pass
Non-permissible income 1.30% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 85.76% 33.00% Fail
Cash + interest-bearing securities 34.22% 33.00% Fail
Accounts receivable 4.28% 33.00% Pass
Non-permissible income 1.30% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 83.47% 33.00% Fail
Cash + interest-bearing securities 33.31% 49.00% Pass
Accounts receivable 4.17% 49.00% Pass
Non-permissible income 1.30% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 83.47% 33.33% Fail
Cash + interest-bearing securities 33.31% 33.33% Pass
Accounts receivable 37.48% 49.00% Pass
Non-permissible income 1.30% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

2.872.702.542.372.202025-09-112026-03-122026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
2.43
S2
2.46
S1
2.47
PIVOT
2.50
R1
2.52
R2
2.54
R3
2.56

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
2.40549 2.66251
±5.07% from 2.534, made 2026-09-05 · resolves 2026-09-12
BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22007 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)38.40NEUTRAL
Stochastic %K (14)1.47BUY
CCI (20)-215.74BUY
Williams %R (14)-98.53BUY
MACD (12,26,9)-0.01SELL
ROC (10)-3.52SELL
Momentum (10)-0.09SELL
EMA (10)2.51SELL
SMA (10)2.52SELL
EMA (20)2.53SELL
SMA (20)2.53SELL
EMA (30)2.52SELL
SMA (30)2.55SELL
EMA (50)2.51SELL
SMA (50)2.52SELL
EMA (100)2.48SELL
SMA (100)2.46BUY
EMA (200)2.47SELL
SMA (200)2.40BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About ENCE Energía y Celulosa, S.A.

Basic Materials · Paper & Paper Products

ENCE Energía y Celulosa, S.A., together with its subsidiaries, produces and sells hardwood pulp and renewable energy in Spain, Germany, Poland, Italy, the Netherlands, the United Kingdom, Greece, France, Turkey, and internationally. It operates through Cellulose, Forest Heritage and others segments. The company offers bleached eucalyptus kraft pulp; and forest land management and forestry services, as well as producing renewable energy using agricultural and forestry biomass sources; and producing timber for pulp. In addition, it is involved in generating, selling electric energy and carbon credits; developing biogas plants; selling of biomass; clean energy management; gas trading; research and development; purchase and sale of timber; waste management; electricity management; biogas, biomethane, and fertilizer management; and management of forest waste. The company was formerly known as Grupo Empresarial ENCE, S.A. and changed its name to ENCE Energía y Celulosa, S.A. in April 2012. ENCE Energía y Celulosa, S.A. was founded in 1957 and is headquartered in Madrid, Spain.

ence.es ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — filings.xbrl.org ESEF XBRL

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Fail
Debt ratio no data
Investments ratio 44.1% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio no data
Investments ratio 15.7% (< 33%)
Nonliquid assets ratio 81.3% (< 20%)
Non permissible income ratio no data
Net liquid assets -$0.1B (mkt cap $0.6B)

Based on the filing period ending 2024-12-31, figures in EUR.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.