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Shariah compliance overview

Not Halal

Manila Water Co. Inc. (MWTCF) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Manila Water Co. Inc.

Manila Water Co., Inc. engages in the provision of water distribution services. It offers water, integrated used water, sewerage and sanitation, distribution services, pipeworks, engineering, procurement, and management services.

Manila Water Co. Inc. (MWTCF) operates in the Utilities sector, in the Regulated Water industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
1.19%Limit 5%Pass
Interest-bearing debt
178.41%Limit 30%Fail
Interest-bearing securities and assets
8.69%Limit 30%Pass
Dividend purification
1.19%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 Manila Water Co. Inc. (MWTCF). Current Akinda screening label: Not Halal.