Clearway Energy, Inc.

CWEN: Is Clearway Energy, Inc. Halal?

Clearway Energy, Inc.

NYSEUtilitiesUS

$31.76

-1.98%

Market Cap: 6.5B

Compliance Status

Not Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Clearway Energy, Inc. (CWEN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/CWEN

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%.

132.9% of 30.0% limit

What this means for you

Most scholars advise not holding CWEN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Clearway Energy, Inc.

Clearway Energy, Inc. (CWEN) operates as an energy company primarily focused on renewable power generation across the United States. Its diverse portfolio includes approximately 5,000 net megawatts (MW) of installed wind and solar projects, alongside around 2,500 net MW derived from natural gas generation facilities. The firm, founded in 2012 and headquartered in Princeton, New Jersey, was formerly known as NRG Yield, Inc. until it adopted the Clearway Energy, Inc. name in August 2018. It operates as a subsidiary of Clearway Energy Group LLC.

Sector: Utilities · Industry: Renewable Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 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: Q2 2026Data source: EDGAR

Halal Alternatives in Utilities

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Frequently Asked Questions

Is Clearway Energy, Inc. (CWEN) halal to invest in?
Clearway Energy, Inc. (CWEN) 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 Clearway Energy, Inc. get a F compliance rating?
Clearway Energy, Inc. (CWEN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 132.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Clearway Energy, Inc.'s Shariah verdict?
Clearway Energy, Inc.'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 Clearway Energy, Inc. re-screened for Shariah compliance?
Clearway Energy, Inc. (CWEN) 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 30, 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.