What is IDACORP, Inc.'s Shariah compliance score?

IDACORP, Inc.'s (IDA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does IDACORP, Inc. pass AAOIFI screening?

IDACORP, Inc. (IDA) 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% (IDA: 36.9%), (3) interest-bearing deposits below 30% (IDA: 4.5%), and (4) prohibited income below 5% (IDA: 0.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for IDACORP, Inc. stock?

IDACORP, Inc. (IDA) has a non-permissible income ratio of 0.80%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IDA 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 IDACORP, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for IDACORP, Inc. (IDA) 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 IDA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

IDA: Is IDACORP, Inc. Halal?

IDACORP, Inc.

NYSEUtilitiesUS

$149.32

-1.50%

Market Cap: 8.3B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is IDACORP, Inc. (IDA) halal? Not Halal. Based on AAOIFI screening, IDACORP, Inc. 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%.

36.9% of 30.0% limit

What this means for you

Most scholars advise not holding IDA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About IDACORP, Inc.

IDACORP, Inc. operates as a U.S.-based enterprise deeply involved in the comprehensive electric power sector, handling everything from generation, transmission, and distribution to the purchase and retail sale of electricity. The company maintains a diverse portfolio of generation assets, including 17 hydroelectric power stations situated across southern Idaho and eastern Oregon, three natural gas-fired facilities within southern Idaho, and equity interests in two coal-fired steam-electric plants located in Wyoming and Nevada. As of December 31, 2021, its extensive infrastructure encompassed approximately 4,843 pole-miles of high-voltage transmission lines. This network was further supported by 23 step-up transmission substations positioned at its power plants, 21 dedicated transmission substations, 10 switching stations, 30 multi-purpose transmission and distribution substations, and 187 energized distribution substations, alongside 28,570 pole-miles of distribution lines. IDACORP supplies electric utility services to roughly 604,000 retail customers throughout southern Idaho and eastern Oregon. Its commercial and industrial clientele represents various industries, including food processing, electronics manufacturing, general manufacturing, agriculture, healthcare, governmental bodies, and educational institutions. Beyond its core utility business, the company also strategically invests in housing and other real estate tax credit initiatives. Established in 1915, IDACORP, Inc. is headquartered in Boise, Idaho.

Sector: Utilities · Industry: Regulated Electric

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: EDGAR

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%

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The Southern Company

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Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

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Dominion Energy, Inc.

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Frequently Asked Questions

Is IDACORP, Inc. (IDA) halal to invest in?

IDACORP, Inc. (IDA) 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 IDACORP, Inc. get a F compliance rating?

IDACORP, Inc. (IDA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 36.9% (limit 30%); interest-bearing deposits of 4.5% (limit 30%); prohibited income of 0.80% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change IDACORP, Inc.'s Shariah verdict?

IDACORP, 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 IDACORP, Inc. re-screened for Shariah compliance?

IDACORP, Inc. (IDA) 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.