Is Alaska Power & Telephone Co halal to invest in?

According to Musaffa's Shariah screening methodology, Alaska Power & Telephone Co (APTL) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Alaska Power & Telephone Co a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Alaska Power & Telephone Co using these criteria to determine its compliance status.

Can Muslims buy shares of Alaska Power & Telephone Co?

Muslim investors may consider investing in Alaska Power & Telephone Co if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Alaska Power & Telephone Co classified as NOT HALAL?

Musaffa determines the Shariah status of Alaska Power & Telephone Co by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Alaska Power & Telephone Co updated?

The Shariah compliance status of Alaska Power & Telephone Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Alaska Power & Telephone Co become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Alaska Power & Telephone Co?

You can check the latest Shariah compliance status of Alaska Power & Telephone Co on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

APTL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 29, 2024

Report Source: 2023 Annual Report

Alaska Power & Telephone Co. Stock Analysis APTL

United States Utilities Micro Cap Report: 2023 Annual

Alaska Power & Telephone Co. engages in the provision of energy and communication services. The company is headquartered in Ketchikan, Alaska. The company went IPO on 2001-09-04. The Company’s segments include Electric and Telecommunications. Its Electric segment provides retail and wholesale electric service, including both hydroelectric and diesel generation facilities in rural portions of Alaska. The telecommunications segment provides advanced voice and data telecommunications service in rural areas of Alaska. The company provides local telephone, network access and long-distance, and Internet access to end users and enterprise customers. The Company’s principal products and services include utility services. Its subsidiaries include Alaska Power Company, Alaska Telephone Company, AP&T Long Distance, LLC., AP&T Wireless, Inc., BBL Hydro, Inc, Goat Lake Hydro, Inc. and others.

Key Statistics of Alaska Power & Telephone Co (APTL)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$74.50$74.50

Today's Open

$74.50

Volume

103.00

P/E Ratio (TTM)

10.67

52 Week Range

$53.00$75.00

Market Cap

96.85M

Avg. Volume

393.25

Dividend Yield

Financial Metrics & Statements of Alaska Power & Telephone Co (APTL)

FAQ's for Alaska Power & Telephone Co (APTL)

According to Musaffa’s Shariah screening methodology, Alaska Power & Telephone Co (APTL) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.