What is American States Water Company's Shariah compliance score?

American States Water Company (AWR) has a Shariah compliance score of 80/100 (Grade: A, Very Good) 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 American States Water Company pass AAOIFI screening?

American States Water Company (AWR) 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% (AWR: 20.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for American States Water Company 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 American States Water Company (AWR) using the latest financial data.

Where can I screen American States Water Company for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for American States Water Company (AWR) and 5,100+ 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 AWR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AWR: Is American States Water Company Halal?

American States Water Company

NYSEUtilitiesUS

$87.17

+0.16%

Market Cap: 3.4B

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Very Good

80Score

Is American States Water Company (AWR) halal? Halal. Based on AAOIFI screening, American States Water Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

Quote this verdict

HalalScreener rates American States Water Company (AWR) Halal, 80/100, grade A under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/AWR

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

20.4% of 30.0% limit

What this means for you

You can own AWR

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

Purification amount is Pro

We have screened AWR's prohibited income, but the exact share you would need to purify is part of Pro.

About American States Water Company

American States Water Company (AWR) is an enterprise that, through its various subsidiary entities, delivers fundamental water and electricity services to a broad spectrum of clients, encompassing residential, commercial, and industrial consumers across the United States. Its operations are structured into three main divisions: Water, Electric, and Contracted Services. The company's core business involves the acquisition, production, distribution, and sale of water, alongside the distribution of electrical power. As of December 31, 2021, AWR supplied water services to a substantial 262,770 customers spread across ten counties within California. Additionally, it provided electricity to 24,656 customers residing in the mountainous regions of San Bernardino County, California. Beyond these utility services, the company also specializes in water and wastewater management, offering comprehensive solutions that include the operation, maintenance, and construction of essential infrastructure at various military installations. Founded in 1929, American States Water Company's corporate headquarters are situated in San Dimas, California.

Sector: Utilities · Industry: Regulated Water

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Halalnow
since Jul 2026
Doubtful
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

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Frequently Asked Questions

Is American States Water Company (AWR) halal to invest in?

Based on AAOIFI Standard 21 screening, American States Water Company (AWR) is rated Halal with a compliance grade of A (Very Good). 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 American States Water Company get a A compliance rating?

American States Water Company (AWR) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change American States Water Company's Shariah verdict?

American States Water Company'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 American States Water Company re-screened for Shariah compliance?

American States Water Company (AWR) 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 31, 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.