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Shariah compliance overview

Not Halal

ITM Power Plc (ITM.L) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About ITM Power Plc

ITM Power Plc, established in 2001 and headquartered in Sheffield, UK, is a specialist in hydrogen energy solutions. The company focuses on the development, production, and sale of sophisticated hydrogen systems, catering to energy storage, transportation, and various industrial sectors.

ITM Power Plc (ITM.L) operates in the Industrials sector, in the Industrial - Machinery industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
14.47%Limit 5%Fail
Interest-bearing debt
0.11%Limit 30%Pass
Interest-bearing securities and assets
20.89%Limit 30%Pass
Dividend purification
14.47%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about ITM Power Plc (ITM.L). Current Akinda screening label: Not Halal.