What is Brookfield Infrastructure Corporation's Shariah compliance score?

Brookfield Infrastructure Corporation's (BIPC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Brookfield Infrastructure Corporation pass AAOIFI screening?

Brookfield Infrastructure Corporation (BIPC) 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% (BIPC: 272.8%), (3) interest-bearing deposits below 30% (BIPC: 9.1%), and (4) prohibited income below 5% (BIPC: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Brookfield Infrastructure Corporation stock?

Brookfield Infrastructure Corporation (BIPC) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BIPC 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 Brookfield Infrastructure Corporation for Shariah compliance for free?

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

BIPC: Is Brookfield Infrastructure Corporation Halal?

Brookfield Infrastructure Corporation

NYSEUtilitiesUS

$39.55

+0.94%

Market Cap: 4.9B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Brookfield Infrastructure Corporation (BIPC) halal? Not Halal. Based on AAOIFI screening, Brookfield Infrastructure Corporation 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%.

272.8% of 30.0% limit

What this means for you

Most scholars advise not holding BIPC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Brookfield Infrastructure Corporation

Brookfield Infrastructure Corporation (BIPC), in conjunction with its subsidiary companies, primarily engages in the ownership and operation of essential infrastructure assets globally. The company manages regulated natural gas transmission systems in Brazil, operating an approximate 2,000-kilometer network of pipelines that span the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Expanding its international presence, BIPC also oversees regulated gas and electricity distribution operations across the United Kingdom. Furthermore, its Australian operations are comprehensive, covering both electricity transmission and distribution, as well as gas distribution services. In Australia, the firm provides services to roughly 3.9 million gas and electricity connections, supported by an expansive 61,000-kilometer infrastructure of active electricity transmission and distribution lines. Established in 2019, Brookfield Infrastructure Corporation is headquartered in New York, New York, and functions as a subsidiary of Brookfield Infrastructure Partners L.P.

Sector: Utilities · Industry: Regulated Gas

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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

-0.02%

3069.KLA+

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%

More Utilities Stocks

NEE

NextEra Energy, Inc.

The Southern Company

DUK

Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

B+

Dominion Energy, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Brookfield Infrastructure Corporation (BIPC) halal to invest in?

Brookfield Infrastructure Corporation (BIPC) 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 Brookfield Infrastructure Corporation get a F compliance rating?

Brookfield Infrastructure Corporation (BIPC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 272.8% (limit 30%); interest-bearing deposits of 9.1% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Brookfield Infrastructure Corporation's Shariah verdict?

Brookfield Infrastructure 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 Brookfield Infrastructure Corporation re-screened for Shariah compliance?

Brookfield Infrastructure Corporation (BIPC) 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 18, 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.