Hello everyone,
I apologize if I’m mistaken, but I’m trying to understand Sharia-compliant investments, and I’ve noticed that TotalEnergies is often classified as a haram stock. However, based on my research, its debt ratio is well below 30%.
Could you clarify the reasons why this company is considered non-compliant? Is it solely because of its involvement in the fossil fuel sector, or are there other factors that contribute to its classification?
Thank you in advance for your insights and explanations!
