Is Companhia Paranaense de Energia (ELPC) halal to invest in?

As of يونيو 2026, based on AAOIFI Shariah screening standards, Companhia Paranaense de Energia (ELPC) is currently rated as "Not Halal" with a compliance grade of F (Non-Compliant). The screening examines business activities (qualitative) and three financial ratios: debt-to-market-cap (971.8%), interest-bearing deposits to market cap (169.0%), and prohibited income (2.6%). Thresholds are 30%, 30%, and 5% respectively. Screen ELPC and 10,000+ stocks free at HalalScreener.app.

What is Companhia Paranaense de Energia's Shariah compliance score?

Companhia Paranaense de Energia's (ELPC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Companhia Paranaense de Energia pass AAOIFI screening?

Companhia Paranaense de Energia (ELPC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ELPC: 971.8%), (3) interest-bearing deposits below 30% (ELPC: 169.0%), and (4) prohibited income below 5% (ELPC: 2.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Companhia Paranaense de Energia stock?

Companhia Paranaense de Energia (ELPC) has a non-permissible income ratio of 2.64%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ELPC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Companhia Paranaense de Energia for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Companhia Paranaense de Energia (ELPC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ELPC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Companhia Paranaense de Energia (ELPC) halal? Not Halal. Based on AAOIFI screening, Companhia Paranaense de Energia passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

ELPC: Is Companhia Paranaense de Energia Halal?

Not Halal

Companhia Paranaense de Energia

NYSEUtilitiesBR

$11.64

+1.13%

تجنّبعلى الحدّنظيف

About Companhia Paranaense de Energia

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments. It is also involved in the piped natural gas distribution. The company operates hydroelectric, wind, and thermoelectric plants; and owns and operates transmission and distribution lines. It holds concessions to distribute electricity in municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.

Sector: Utilities · Industry: Diversified Utilities

Shariah Compliance Status

معيار أيوفي 21تحديث ١٨ يونيو ٢٠٢٦

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap971.8% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

2.2B

Price

$11.64

Sector

Utilities

Industry

Diversified Utilities

Halal Alternatives in Utilities

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0011.KLA+

Brite-Tech Bhd

$0.27

+0.00%

3069.KLA+

Mega First Corporation Bhd

$2.97

+0.00%

5041.KLA+

PBA Holdings Bhd

$2.03

+0.00%

5209.KLA+

Gas Malaysia Bhd

$5.25

+0.00%

5264.KLA+

Malakoff Corporation Bhd

$0.87

+0.00%

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SRE

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B+

Dominion Energy, Inc.

Free · No credit card required

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الأسئلة الشائعة

هل Companhia Paranaense de Energia (ELPC) حلال للاستثمار؟

Companhia Paranaense de Energia (ELPC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

لماذا حصل Companhia Paranaense de Energia على تقييم توافق F؟

Companhia Paranaense de Energia (ELPC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 971.8% (limit 30%); interest-bearing deposits of 169.0% (limit 30%); prohibited income of 2.64% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

ما الذي قد يغير حكم Companhia Paranaense de Energia الشرعي؟

Companhia Paranaense de Energia's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

كم مرة يُعاد فحص Companhia Paranaense de Energia للتوافق الشرعي؟

Companhia Paranaense de Energia (ELPC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

مفحوص وفق معيار أيوفي رقم 21 · لأغراض إعلامية فقط. استشر مستشاراً مالياً إسلامياً مؤهلاً قبل الاستثمار.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.