Is Transmissora Alianca de Energia Eletrica S/A Stock Halal?
Shariah Compliance Analysis of TAEE11.SA Stock
Brazil Utilities Mid Cap
No. As of September 2026, Transmissora Alianca de Energia Eletrica S/A (TAEE11.SA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Transmissora Alianca de Energia Eletrica S/A does not pass Musaffa's business and financial screening criteria.
Transmissora Alianca de Energia Eletrica SA engages in the electric power transmission business. The company is headquartered in Rio De Janeiro, Rio De Janeiro and currently employs 854 full-time employees. The company went IPO on 2006-10-27. The company operates through one operating segment - the transmission of electrical energy. The firm is exclusively dedicated to the construction, operation and maintenance of transmission assets. Transmissora Alianca de Energia Eletrica’s portfolio includes over 14,000 km of lines in operation and over 110 substations. In addition, it has assets in operation with voltages between 230 and 525kV and is present in all 5 regions of Brazil. The firm has numerous subsidiaries, such as Brasnorte Transmissora de Energia S/A, Ananai Transmissora de Energia Eletrica S/A, and Companhia Transudeste de Transmissao.
Transmissora Alianca de Energia Eletrica S/A TAEE11.SA
Last Updated: Sep 04, 12:00 AM·BOVESPA
TAEE11.SA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Transmissora Alianca de Energia Eletrica S/A is classified as not halal.