Is TransAlta Corp halal to invest in?

According to Musaffa's Shariah screening methodology, TransAlta Corp (TA.TO) is currently classified as NOT HALAL as of March 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 TransAlta 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 TransAlta Corp using these criteria to determine its compliance status.

Can Muslims buy shares of TransAlta Corp?

Muslim investors may consider investing in TransAlta 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 TransAlta Corp classified as NOT HALAL?

Musaffa determines the Shariah status of TransAlta 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 TransAlta Corp updated?

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

Can a halal stock like TransAlta 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 TransAlta Corp?

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

TA.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 19, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for TransAlta Corp (TA.TO)

Based on 18 analysts giving stock ratings to TransAlta Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

TransAlta Corp. Stock Analysis TA.TO

Canada Utilities Mid Cap Report: 2025 Annual

TransAlta Corp. engages in the generation and distribution of electricity through wind, hydro, gas and coal power plants. The company is headquartered in Calgary, Alberta and currently employs 1,350 full-time employees. The company went IPO on 2001-07-31. The company provides municipalities, medium and large industries, businesses, and utility customers with affordable, energy-efficient, and reliable power. Its portfolio includes hydro, wind, solar, battery storage, natural gas, and thermal power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The company has over 88 energy assets in the portfolio. The company has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generates over 9,000 megawatts of electricity. The company delivers renewable energy solutions for large-scale commercial partners, including technology companies. The company operates a fleet of electrical power generation assets, including Antrim Wind Project, Lakeswind Facility, Old Town Wind Project, White Rock East Project, Mass Solar Project, Fortescue River Gas Pipeline, and others.

Key Statistics of TransAlta Corp (TA.TO)

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

Today's Range

CAD17.35CAD17.79

Today's Open

CAD17.60

Volume

980.39K

P/E Ratio (TTM)

52 Week Range

CAD12.12CAD25.03

Market Cap

5.09B

Avg. Volume

1.60M

Dividend Yield

2.48%

Financial Metrics & Statements of TransAlta Corp (TA.TO)

FAQ's for TransAlta Corp (TA.TO)

According to Musaffa’s Shariah screening methodology, TransAlta Corp (TA.TO) is currently classified as NOT HALAL as of March 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.