Is ESYN halal?
EnerSyn Global Inc.
Halal
EnerSyn Global Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
1.955
Day
-1.26%
Market cap
$58.3M
Industry
Restaurants
Sector
Consumer Cyclical
What the company does
EnerSyn Global (formerly HWH International) runs a small membership-based consumer business (Hapi Cafe, Hapi Marketplace, a wealth-education program) and in 2026 pivoted toward energy: compressed natural gas (CNG) station projects in Nigeria via a joint venture with China Gas. Revenue is very small; the new direction is at an early stage.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $22K ÷ current market cap $58.26M = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $1.62M ÷ current market cap $58.26M = 2.8%
2.8%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 65.3% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1267 of 1455
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 26 September 2026. Conclusion:
EnerSyn Global (avval HWH International, 2026-09-22 dan ESYN) — HWH sifatida pass 7 da toza deb topilgan (Hapi Cafe, sayohat, Hapi Wealth Builder ta'limi). Yangi yo'nalish: Hearty Nova orqali Nigeriyada TABIIY GAZ QAYTA ISHLASH zavodi JV (51%, $1.17M, China Gas Holdings bilan) — energetika, ruxsat etilgan. Hapi Metaverse xaridi bekor qilindi. 'Restaurants' yorlig'i eskirgan (Hapi Cafe dan qolgan). Alkogol/qimor/kredit topilmadi. ⚠️ Kichik kap, biznes o'zgarmoqda — keyingi 10-K da qayta qarash kerak
Halal stocks in the same industry
The largest halal stocks in Restaurants — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.