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NI Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: May 11, 2026
Report Source: 2026 1st Quarter Report
NiSource Inc. Stock Analysis NI
United States Utilities Large Cap Report: NiSource, Inc. is a holding company, which engages in the provision of energy solutions. The company is headquartered in Merrillville, Indiana and currently employs 7,668 full-time employees. The firm operates through two segments: Columbia Operations and NIPSCO Operations. Columbia Operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc, provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. The company operates approximately 37,200 miles of distribution main pipeline plus the associated individual customer service lines and 330 miles of transmission main pipeline. NIPSCO Operations segment NIPSCO Operations includes NIPSCO Holdings I and its subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The firm has six renewable generation facilities in service: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, Dunns Bridge I Solar, Cavalry Solar and Storage and Dunns Bridge II Solar and Storage.
Read More NiSource Inc (NI) Chart
Key Statistics of NiSource Inc (NI)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$47.21Volume
6.34MP/E Ratio (TTM)
24.4852 Week Range
Market Cap
22.87BAvg. Volume
3.59MDividend Yield
2.41%Financial Metrics & Statements of NiSource Inc (NI)
FAQ's for NiSource Inc (NI)
- According to Musaffa’s Shariah screening methodology, NiSource Inc (NI) 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes NiSource Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in NiSource 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.
- Musaffa determines the Shariah status of NiSource Inc 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 NiSource Inc 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 NiSource Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.