Compliance Status
Not Halal
Screened on Oct 11, 2026 · AAOIFI Standard 21
Non-Compliant
Is Entergy Louisiana, LLC COLLATERAL TR MT (ELC) halal? Not Halal. Based on AAOIFI screening, Entergy Louisiana, LLC COLLATERAL TR MT has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Entergy Louisiana, LLC COLLATERAL TR MT (ELC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 11, 2026. Source: https://halalscreener.app/en/stock/ELC
Business activity
Involved in prohibited business activities.
Company debt
How much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding ELC
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
ELC: Is Entergy Louisiana, LLC COLLATERAL TR MT Halal?
Entergy Louisiana, LLC COLLATERAL TR MT
$18.37
-0.81%
Market Cap: 46.3B
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About Entergy Louisiana, LLC COLLATERAL TR MT
Entergy Louisiana LLC operates as an energy utility, focusing on the generation and delivery of electricity. The company also extends its services to include natural gas provision. Its primary corporate offices are located in Jefferson, Louisiana.
Sector: Utilities · Industry: Regulated Electric
Why this does not pass
- Business activity: the company earns from an activity AAOIFI treats as prohibited.
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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why ELC is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Interest-bearing debt security: Entergy Louisiana, LLC COLLATERAL TR MT
Compliance History
Not Halalnow
since Sep 2026
Halal
until the change above
Under Review
until the change above
Not Halal
until the change above
Tracked since Aug 2026. Updates automatically on each re-screen.
Halal Alternatives in Utilities
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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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.