Is FirstEnergy Corp halal to invest in?

According to Musaffa's Shariah screening methodology, FirstEnergy Corp (FE) is currently classified as NOT HALAL as of May 2026. 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 FirstEnergy Corp 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 FirstEnergy Corp using these criteria to determine its compliance status.

Can Muslims buy shares of FirstEnergy Corp?

Muslim investors may consider investing in FirstEnergy 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.

Why is FirstEnergy Corp classified as NOT HALAL?

Musaffa determines the Shariah status of FirstEnergy Corp 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 FirstEnergy Corp updated?

The Shariah compliance status of FirstEnergy Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like FirstEnergy Corp 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 FirstEnergy Corp?

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

FE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 01, 2026

Report Source: 2026 1st Quarter Report

FirstEnergy Corp. Stock Analysis FE

United States Utilities Large Cap Report: Q1, 2026

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. The company is headquartered in Akron, Ohio and currently employs 11,186 full-time employees. The Distribution Segment, which consists of the Ohio Companies and FirstEnergy Pennsylvania Electric Company (FE PA), distributes electricity in Ohio and Pennsylvania. The Integrated segment includes the distribution and transmission operations under Jersey Central Power & Light Company (JCP&L), Monongahela Power Company (MP) and The Potomac Edison Company (PE), as well as MP's regulated generation operations. The segment distributes electricity in New Jersey, West Virginia and Maryland, provides transmission infrastructure, and operates over 3,610 megawatts of regulated generation capacity. The Stand-Alone Transmission segment consists of its ownership in FET and KATCo, which includes transmission infrastructure owned and operated by the Transmission Companies and used to transmit electricity.

Key Statistics of FirstEnergy Corp (FE)

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

Today's Range

$43.73$44.98

Today's Open

$44.66

Volume

4.84M

P/E Ratio (TTM)

26.61

52 Week Range

$39.28$52.34

Market Cap

26.54B

Avg. Volume

6.16M

Dividend Yield

3.74%

Financial Metrics & Statements of FirstEnergy Corp (FE)

FAQ's for FirstEnergy Corp (FE)

According to Musaffa’s Shariah screening methodology, FirstEnergy Corp (FE) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.