Is Power & Infrastructure Split Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Power & Infrastructure Split Corp (PWI.TO) is currently classified as NOT HALAL as of May 2025. 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 Power & Infrastructure Split 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 Power & Infrastructure Split Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Power & Infrastructure Split Corp?

Muslim investors may consider investing in Power & Infrastructure Split 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 Power & Infrastructure Split Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Power & Infrastructure Split 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 Power & Infrastructure Split Corp updated?

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

Can a halal stock like Power & Infrastructure Split 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 Power & Infrastructure Split Corp?

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

PWI.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 01, 2025

Report Source: 2024 Annual Report

Power & Infrastructure Split Corp. Stock Analysis PWI.TO

Canada N/A Nano Cap Report: 2024 Annual

Power & Infrastructure Split Corp. is a mutual fund, which engages in investment in a diversified portfolio of equity securities of sustainable power and infrastructure companies. The company is headquartered in Toronto, Ontario. The company went IPO on 2021-05-21. The Fund’s investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. The Fund invests in various sectors including industrials, utilities, energy, communication services, investment funds, information technology, and materials.

Key Statistics of Power & Infrastructure Split Corp (PWI.TO)

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

Today's Range

CAD13.65CAD13.84

Today's Open

CAD13.70

Volume

17.17K

P/E Ratio (TTM)

5.22

52 Week Range

CAD8.89CAD13.84

Market Cap

42.53M

Avg. Volume

9703.45

Dividend Yield

7.49%

Financial Metrics & Statements of Power & Infrastructure Split Corp (PWI.TO)

FAQ's for Power & Infrastructure Split Corp (PWI.TO)

According to Musaffa’s Shariah screening methodology, Power & Infrastructure Split Corp (PWI.TO) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.