What is Altus Power, Inc.'s Shariah compliance score?

Altus Power, Inc.'s (AMPS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Altus Power, Inc. pass AAOIFI screening?

Altus Power, Inc. (AMPS) 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% (AMPS: 47.8%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Altus Power, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Altus Power, Inc. (AMPS) using the latest financial data.

Where can I screen Altus Power, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Altus Power, Inc. (AMPS) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about AMPS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AMPS: Is Altus Power, Inc. Halal?

Altus Power, Inc.

NYSEUtilitiesUS

$4.99

+0.20%

Market Cap: 800.5M

Compliance Status

Not Halal

Screened on Aug 21, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Altus Power, Inc. (AMPS) halal? Not Halal. Based on AAOIFI screening, Altus Power, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

47.8% of 30.0% limit

What this means for you

Most scholars advise not holding AMPS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Altus Power, Inc.

Altus Power, Inc., headquartered in Stamford, Connecticut, is a prominent provider of sustainable energy solutions operating throughout the United States. Established in 2009, the company is actively engaged in developing and managing a comprehensive suite of clean electrification initiatives. These include deploying on-site solar power generation for businesses, industrial facilities, and public sector organizations, as well as fostering community solar programs, integrating energy storage systems, and building out electric vehicle charging infrastructure.

Sector: Utilities · Industry: Renewable Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 21, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2024Data source: FMP

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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Brite-Tech Bhd

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Mega First Corporation Bhd

$2.80

+0.01%

5041.KLA+

PBA Holdings Bhd

$2.21

-0.02%

5209.KLA+

Gas Malaysia Bhd

$4.99

-0.03%

5264.KLA+

Malakoff Corporation Bhd

$0.83

+0.01%

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American Electric Power Company, Inc.

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Dominion Energy, Inc.

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Frequently Asked Questions

Is Altus Power, Inc. (AMPS) halal to invest in?

Altus Power, Inc. (AMPS) 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.

Why did Altus Power, Inc. get a F compliance rating?

Altus Power, Inc. (AMPS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 47.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Altus Power, Inc.'s Shariah verdict?

Altus Power, Inc.'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.

How often is Altus Power, Inc. re-screened for Shariah compliance?

Altus Power, Inc. (AMPS) 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: Aug 21, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.