Algonquin Power & Utilities Corp AQN
$5.70 $0.12 (2.06%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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AQN Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Algonquin Power & Utilities Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Algonquin Power & Utilities Corp. Stock Analysis AQN
United States Utilities Mid Cap Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. The firm is engaged in providing sustainable energy and water solutions through its portfolio of generation, transmission and distribution utility investments to over one million customer connections. The firm's operations are organized across three business units, consisting of: the Regulated Services Group, which primarily owns and operates a portfolio of regulated electric, water distribution and wastewater collection and natural gas utility systems and transmission operations in the United States, Canada, Bermuda and Chile; the Hydro Group, consisting of the hydroelectric business, which is not being sold as a part of the Renewables sale; and the Corporate Group, which includes corporate and service companies as well as its investment in Atlantica.
Algonquin Power & Utilities Corp (AQN) Chart
Financial Metrics & Statements of Algonquin Power & Utilities Corp (AQN)
FAQ's for Algonquin Power & Utilities Corp (AQN)
- As of August 2026, Algonquin Power & Utilities Corp AQN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Algonquin Power & Utilities Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Algonquin Power & Utilities Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Algonquin Power & Utilities Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Algonquin Power & Utilities Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Algonquin Power & Utilities Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.