TXNM Energy Inc TXNM
$57.22 $0.24 (0.42%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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TXNM Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, TXNM Energy Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
TXNM Energy Inc. Stock Analysis TXNM
United States Utilities Mid Cap TXNM Energy, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. The company is headquartered in Albuquerque, New Mexico and currently employs 1,700 full-time employees. Its segments include PNM, TNMP, and Corporate and other. The PNM segment provides integrated electricity services that include the generation, transmission, and distribution of electricity for retail electric customers in New Mexico. The segment also includes the generation and sale of electricity into the wholesale market to serve its New Mexico retail customers. The TNMP segment provides transmission and distribution services at regulated rates to various REPs that, in turn, provide retail electric service to consumers within TNMP's service area. The segment also provides transmission services at regulated rates to other utilities that interconnect with TNMP’s facilities. The Corporate and Other segment includes TXNM holding company activities.
TXNM Energy Inc (TXNM) Chart
Financial Metrics & Statements of TXNM Energy Inc (TXNM)
FAQ's for TXNM Energy Inc (TXNM)
- As of August 2026, TXNM Energy Inc TXNM is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes TXNM Energy Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in TXNM Energy 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 TXNM Energy 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 TXNM Energy 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 TXNM Energy Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for TXNM Energy Inc (TXNM)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
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