No. As of September 2026, Alupar Investimento SA (ALUP11.SA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Alupar Investimento SA does not pass Musaffa's business and financial screening criteria.
Alupar Investimento SA is a holding company, which engages in the development and investment in infrastructure involving in the energy industry. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 933 full-time employees. The company went IPO on 2013-04-24. The firm focuses on developing and investing in infrastructure projects involving the energy industry in Brazil and other Latin American countries. Its activities are divided into two business segments: Transmission and Generation. The Transmission division holds electric power transmission concessions in Brazil and Chile. The Generation division includes renewable electricity generation through hydroelectric power plants (HPPs), small hydroelectric plants (SHPs) and wind farms in Brazil, Colombia and Peru. The firm operates through numerous subsidiaries, such as Transminas Holding SA, Windepar Holding SA, Alupar Inversiones Peru SAC and Alupar Chile Inversiones SpA. The firm is controlled by Guarupart Participacoes Ltda.
Alupar Investimento SA ALUP11.SA
Last Updated: Sep 04, 12:00 AM·BOVESPA
ALUP11.SA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Alupar Investimento SA is classified as not halal.