What is Pinnacle West Capital Corporation's Shariah compliance score?

Pinnacle West Capital Corporation's (PNW) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Pinnacle West Capital Corporation pass AAOIFI screening?

Pinnacle West Capital Corporation (PNW) 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% (PNW: 70.0%), (3) interest-bearing deposits below 30% (PNW: 0.1%), and (4) prohibited income below 5% (PNW: 0.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Pinnacle West Capital Corporation stock?

Pinnacle West Capital Corporation (PNW) has a non-permissible income ratio of 0.58%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PNW 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 Pinnacle West Capital Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Pinnacle West Capital Corporation (PNW) 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 PNW's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PNW: Is Pinnacle West Capital Corporation Halal?

Pinnacle West Capital Corporation

NYSEUtilitiesUS

$107.82

-0.73%

Market Cap: 13.1B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Pinnacle West Capital Corporation (PNW) halal? Not Halal. Based on AAOIFI screening, Pinnacle West Capital Corporation 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%.

70.0% of 30.0% limit

What this means for you

Most scholars advise not holding PNW

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Pinnacle West Capital Corporation

Pinnacle West Capital Corporation (PNW), primarily operating through its Arizona Public Service Company (APS) subsidiary, delivers retail and wholesale electricity services predominantly within Arizona. The company manages the full scope of electricity provision, encompassing generation, transmission, and distribution, leveraging a diverse energy portfolio that includes coal, nuclear, natural gas, oil, and solar power facilities. Its robust infrastructure for power delivery features approximately 5,814 pole miles of overhead transmission lines and roughly 74 miles of subterranean transmission lines. For distribution, the company maintains about 11,258 miles of overhead lines and an estimated 22,821 miles of underground primary cabling. This network is further supported by 475 owned and managed transmission and distribution substations. PNW possesses or leases roughly 6,323 megawatts of regulated power generation capacity and supplies electricity to an estimated 1.3 million customers. Established in 1985, Pinnacle West Capital Corporation's corporate headquarters are situated in Phoenix, Arizona.

Sector: Utilities · Industry: Regulated Electric

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Not Halalnow
since Jun 2026
Doubtful
until the change above
Not Halal
until the change above

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%

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American Electric Power Company, Inc.

SRE

Sempra

B+

Dominion Energy, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Pinnacle West Capital Corporation (PNW) halal to invest in?

Pinnacle West Capital Corporation (PNW) 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 Pinnacle West Capital Corporation get a F compliance rating?

Pinnacle West Capital Corporation (PNW) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 70.0% (limit 30%); interest-bearing deposits of 0.1% (limit 30%); prohibited income of 0.58% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Pinnacle West Capital Corporation's Shariah verdict?

Pinnacle West Capital Corporation'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 Pinnacle West Capital Corporation re-screened for Shariah compliance?

Pinnacle West Capital Corporation (PNW) 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.