What is Avista Corporation's Shariah compliance score?

Avista Corporation (AVA) has a Shariah compliance score of 98/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Avista Corporation pass AAOIFI screening?

Avista Corporation (AVA) passes 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% (AVA: 0.4%), (3) interest-bearing deposits below 30% (AVA: 0.5%), and (4) prohibited income below 5% (AVA: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Avista Corporation stock?

Avista Corporation (AVA) has a non-permissible income ratio of 0.32%. Muslim investors should purify this percentage of any dividends received and capital gains realized from AVA 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 Avista Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Avista Corporation (AVA) 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 AVA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AVA: Is Avista Corporation Halal?

Avista Corporation

NYSEUtilitiesUS

$42.31

+2.05%

Market Cap: 3.5B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A+

Excellent

98Score

Is Avista Corporation (AVA) halal? Halal. Based on AAOIFI screening, Avista Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.4% of 30.0% limit

What this means for you

You can own AVA

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.3% of your income from AVA

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Avista Corporation

Avista Corporation operates as an energy utility, conducting business through its various subsidiaries. Its operations are divided into two primary segments: Avista Utilities and AEL&P. The Avista Utilities division is responsible for electric distribution and transmission, as well as natural gas distribution services, across parts of eastern Washington and northern Idaho. It also delivers natural gas services to areas of northeastern and southwestern Oregon. Additionally, this segment generates electricity in Washington, Idaho, Oregon, and Montana, and engages in the wholesale buying and selling of electricity and natural gas. The AEL&P segment, conversely, supplies electrical services to approximately 17,400 customers located in the city and borough of Juneau, Alaska. The company generates its electricity from hydroelectric, thermal, and wind power sources. As of February 23, 2022, Avista was serving 406,000 electric customers and 372,000 natural gas customers. Beyond its core utility business, the company also makes investments in venture funds, real estate, and other diverse ventures. Avista Corporation was established in 1889 and is headquartered in Spokane, Washington.

Sector: Utilities · Industry: Diversified Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Avista Corporation (AVA) halal to invest in?

Based on AAOIFI Standard 21 screening, Avista Corporation (AVA) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Avista Corporation get a A+ compliance rating?

Avista Corporation (AVA) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.4% (limit 30%); interest-bearing deposits of 0.5% (limit 30%); prohibited income of 0.32% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Avista Corporation's Shariah verdict?

Avista Corporation'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 Avista Corporation re-screened for Shariah compliance?

Avista Corporation (AVA) 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: Jul 17, 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.