DTENot HalalF
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Compliance Status

Not Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates DTE Energy Company (DTE) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/DTE

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%.

103.1% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding DTE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

DTE Energy Company

DTE: Is DTE Energy Company Halal?

DTE Energy Company

NYSEUtilitiesUS

$129.73

+1.09%

Market Cap: 27.0B

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About DTE Energy Company

DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services. Its Electric division is responsible for generating, acquiring, delivering, and selling electricity to approximately 2.3 million customers—including households, businesses, and industrial clients—across southeastern Michigan. This power is sourced from diverse facilities, encompassing fossil fuel, pumped-storage hydroelectric, nuclear, wind, and other renewable energy assets. The infrastructure supporting this includes around 698 distribution substations and 449,800 line transformers. The Gas division manages the procurement, storage, transmission, distribution, and sale of natural gas to roughly 1.3 million residential, commercial, and industrial customers statewide in Michigan. This segment also provides natural gas storage and transportation capacity. Its extensive network features approximately 20,000 miles of distribution mains, 1,304,000 service pipelines, 1,305,000 active meters, and about 2,000 miles of transmission pipelines. Through its Power and Industrial Projects segment, DTE Energy supplies metallurgical coke, along with pulverized coal and petroleum coke, to the steel, pulp and paper, and other industrial sectors. This segment also delivers essential services such as power, steam, and chilled water production, wastewater treatment, and compressed air to various industrial clients. Finally, the Energy Trading segment focuses on the marketing and trading of power, natural gas, and environmental commodities. It also undertakes structured transactions and works to optimize its contracted natural gas pipeline transportation and storage assets.

Sector: Utilities · Industry: Regulated Electric

Why this does not pass

  • Interest-bearing debt is 103.1% 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 18, 2026

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Screened according to AAOIFI Standard 21

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: FMP

Halal Alternatives in Utilities

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Frequently Asked Questions

Is DTE Energy Company (DTE) halal to invest in?
DTE Energy Company (DTE) 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 DTE Energy Company get a F compliance rating?
DTE Energy Company (DTE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 103.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change DTE Energy Company's Shariah verdict?
DTE Energy 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 DTE Energy Company re-screened for Shariah compliance?
DTE Energy Company (DTE) 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 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.