What is AXIA Energia S.A.'s Shariah compliance score?

AXIA Energia S.A.'s (AXIA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does AXIA Energia S.A. pass AAOIFI screening?

AXIA Energia S.A. (AXIA) 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% (AXIA: 342.2%), (3) interest-bearing deposits below 30% (AXIA: 122.0%), and (4) prohibited income below 5% (AXIA: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for AXIA Energia S.A. stock?

AXIA Energia S.A. (AXIA) has a non-permissible income ratio of 0.15%. Muslim investors should purify this percentage of any dividends received and capital gains realized from AXIA 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 AXIA Energia S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for AXIA Energia S.A. (AXIA) 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 AXIA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AXIA: Is AXIA Energia S.A. Halal?

AXIA Energia S.A.

NYSEUtilitiesBR

$10.30

-0.19%

Market Cap: 23.2B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is AXIA Energia S.A. (AXIA) halal? Not Halal. Based on AAOIFI screening, AXIA Energia S.A. 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%.

342.2% of 30.0% limit

What this means for you

Most scholars advise not holding AXIA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About AXIA Energia S.A.

AXIA Energia S.A., operating with its various subsidiary companies, is a prominent entity in Brazil's electricity market, responsible for the generation, transmission, and commercialization of electrical power. The firm utilizes a diverse portfolio of energy sources, producing electricity from hydroelectric dams, thermoelectric facilities, nuclear reactors, as well as wind and solar farms. Its significant infrastructure includes the ownership and operation of 44 hydroelectric power plants, which collectively possess an impressive capacity of 42,293.5 megawatts. Furthermore, the company manages an extensive network comprising 66,539.17 kilometers of electricity transmission lines. Incorporated in 1962, AXIA Energia S.A. maintains its primary corporate offices in Rio de Janeiro, Brazil, having previously been known as Centrais Elétricas Brasileiras S.A. - Eletrobrás.

Sector: Utilities · Industry: Renewable Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

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.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Utilities

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0011.KLA+

Brite-Tech Bhd

$0.25

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Mega First Corporation Bhd

$2.89

+0.00%

5041.KLA+

PBA Holdings Bhd

$2.01

-0.01%

5209.KLA+

Gas Malaysia Bhd

$5.13

-0.01%

5264.KLA+

Malakoff Corporation Bhd

$0.79

+0.00%

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Dominion Energy, Inc.

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Frequently Asked Questions

Is AXIA Energia S.A. (AXIA) halal to invest in?

AXIA Energia S.A. (AXIA) 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 AXIA Energia S.A. get a F compliance rating?

AXIA Energia S.A. (AXIA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 342.2% (limit 30%); interest-bearing deposits of 122.0% (limit 30%); prohibited income of 0.15% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change AXIA Energia S.A.'s Shariah verdict?

AXIA Energia S.A.'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 AXIA Energia S.A. re-screened for Shariah compliance?

AXIA Energia S.A. (AXIA) 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 16, 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.