Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) halal? Not Halal. Based on AAOIFI screening, Companhia de Saneamento Básico do Estado de São Paulo - SABESP passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
SBS — Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP Halal?
Not HalalCompanhia de Saneamento Básico do Estado de São Paulo - SABESP
$5.53
+1.28%
About Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Companhia de Saneamento Básico do Estado de São Paulo SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. As of December 31, 2021, the company provided water services through 9.8 million water connections to approximately 27.8 million people; sewage services through 8.4 million sewage connections to approximately 24.6 million people; and operated 88,904 kilometers of water pipes and water transmission lines, as well as 61,122 kilometers of sewer lines. It also offers water and/or sewage services to four other municipalities through special purpose companies. The company was founded in 1954 and is headquartered in São Paulo, Brazil.
Sector: Utilities · Industry: Regulated Water
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
FailedFinancial ratios must be below AAOIFI thresholds
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.
Financial Overview
Market Cap
18.9B
Price
$5.53
Sector
Utilities
Industry
Regulated Water
Halal Alternatives in Utilities
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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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.