What is OGE Energy Corp.'s Shariah compliance score?

OGE Energy Corp.'s (OGE) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does OGE Energy Corp. pass AAOIFI screening?

OGE Energy Corp. (OGE) 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% (OGE: 50.2%), (3) interest-bearing deposits below 30% (OGE: 0.0%), and (4) prohibited income below 5% (OGE: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for OGE Energy Corp. stock?

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

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

OGE: Is OGE Energy Corp. Halal?

OGE Energy Corp.

NYSEUtilitiesUS

$48.51

-1.08%

Market Cap: 10.0B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is OGE Energy Corp. (OGE) halal? Not Halal. Based on AAOIFI screening, OGE Energy Corp. 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%.

50.2% of 30.0% limit

What this means for you

Most scholars advise not holding OGE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About OGE Energy Corp.

OGE Energy Corp., along with its various subsidiaries, operates as a comprehensive energy and utility provider. The company facilitates the physical delivery and associated services for electricity, natural gas, crude oil, and natural gas liquids across the United States. Its core operations encompass the generation, transmission, distribution, and sale of electrical power. OGE Energy serves approximately 879,000 retail electric customers within an expansive service area spanning about 30,000 square miles in Oklahoma and western Arkansas. The company also owns and manages a diverse portfolio of power generation facilities, utilizing coal, natural gas, wind, and solar sources. As of December 31, 2021, OGE Energy Corp. maintained substantial interconnected electrical infrastructure. This included 16 power generation stations with a combined output capability of 7,207 megawatts. Its transmission networks featured 54 substations and 5,122 structural miles of lines in Oklahoma, complemented by 7 substations and 277 structural miles of lines in Arkansas. The distribution systems were equally extensive: in Oklahoma, they comprised 350 substations, 29,494 structural miles of overhead lines, 3,365 miles of underground conduit, and 11,125 miles of underground conductors. In Arkansas, this infrastructure included 29 substations, 2,795 structural miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors. Established in 1902, OGE Energy Corp. is headquartered in Oklahoma City, Oklahoma.

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: Q1 2026Data 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%

More Utilities Stocks

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NextEra Energy, Inc.

The Southern Company

DUK

Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

B+

Dominion Energy, Inc.

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Frequently Asked Questions

Is OGE Energy Corp. (OGE) halal to invest in?

OGE Energy Corp. (OGE) 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 OGE Energy Corp. get a F compliance rating?

OGE Energy Corp. (OGE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 50.2% (limit 30%); interest-bearing deposits of 0.0% (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 OGE Energy Corp.'s Shariah verdict?

OGE Energy Corp.'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 OGE Energy Corp. re-screened for Shariah compliance?

OGE Energy Corp. (OGE) 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.