Is Idacorp Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Idacorp Inc (IDA) 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 Idacorp Inc 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 Idacorp Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Idacorp Inc?

Muslim investors may consider investing in Idacorp Inc 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 Idacorp Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Idacorp Inc 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 Idacorp Inc updated?

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

Can a halal stock like Idacorp Inc 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 Idacorp Inc?

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

IDA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 05, 2026

Report Source: 2026 1st Quarter Report

Idacorp Inc. Stock Analysis IDA

United States Utilities Mid Cap Report: Q1, 2026

IDACORP, Inc. is a holding company, which engages in the generation, transmission, distribution, sale, and purchase of electric energy. The company is headquartered in Boise, Idaho and currently employs 2,174 full-time employees. The firm operates through its subsidiary, Idaho Power Company (Idaho Power). Idaho Power is an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity and is regulated by the state regulatory commissions of Idaho and Oregon and by the Federal Energy Regulatory Commission (FERC). Idaho Power provides electric utility service to approximately 664,000 retail customers in southern Idaho and eastern Oregon. Its customers are in food processing, electronics and general manufacturing, agriculture, health care, government, education, and information technology. Idaho Power provides irrigation customers with electric utility service to operate irrigation pumps during the agricultural growing season. Its other subsidiaries include IDACORP Financial Services, Inc. (IFS), an investor in affordable housing and other real estate tax credit investments, and others.

Key Statistics of Idacorp Inc (IDA)

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

Today's Range

$138.78$143.04

Today's Open

$143.04

Volume

439.61K

P/E Ratio (TTM)

25.20

52 Week Range

$108.15$149.73

Market Cap

8.04B

Avg. Volume

503.11K

Dividend Yield

2.31%

Financial Metrics & Statements of Idacorp Inc (IDA)

FAQ's for Idacorp Inc (IDA)

According to Musaffa’s Shariah screening methodology, Idacorp Inc (IDA) 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.