What is Avista Corporation's Shariah compliance score?

Avista Corporation (AVA) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Avista Corporation pass AAOIFI screening?

Avista Corporation (AVA) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. AVA's debt-to-market-cap is 107.1%.

How much purification is needed for Avista Corporation?

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 percentage and amount for Avista Corporation (AVA) 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 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

AVANot HalalF

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Compliance Status

Not Halal

Screened on Oct 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Avista Corporation (AVA) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/AVA

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%.

107.1% of 30.0% limit

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding AVA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

AVA: Is Avista Corporation Halal?

Avista Corporation

NYSEUtilitiesUS

$36.67

+1.35%

Market Cap: 3.1B

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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

Why this does not pass

Interest-bearing debt is 107.1% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 19, 2026

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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halalnow
since Oct 2026
Halal
until the change above
Not Halal
until the change above
Halal
until the change above
Not Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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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PBA Holdings Bhd

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+0.00%

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Gas Malaysia Bhd

$5.18

+0.01%

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Malakoff Corporation Bhd

$0.76

+0.00%

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Frequently Asked Questions

Is Avista Corporation (AVA) halal to invest in?

Avista Corporation (AVA) 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 Avista Corporation get a F compliance rating?

Avista Corporation (AVA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 107.1% (limit 30%). 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: Oct 19, 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.