What is Transportadora de Gas del Sur S.A.'s Shariah compliance score?

Transportadora de Gas del Sur S.A. (TGS) has a Shariah compliance score of 46/100 (Grade: C, Marginal) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Transportadora de Gas del Sur S.A. pass AAOIFI screening?

Transportadora de Gas del Sur S.A. (TGS) partially passes with caution 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% (TGS: 25.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Transportadora de Gas del Sur S.A. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Transportadora de Gas del Sur S.A. (TGS) using the latest financial data.

Where can I screen Transportadora de Gas del Sur S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Transportadora de Gas del Sur S.A. (TGS) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about TGS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TGS: Is Transportadora de Gas del Sur S.A. Halal?

Transportadora de Gas del Sur S.A.

NYSEEnergyAR

$31.83

+1.30%

Market Cap: 4.8B

Compliance Status

Doubtful

Screened on Sep 1, 2026 · AAOIFI Standard 21

Marginal

46Score

Is Transportadora de Gas del Sur S.A. (TGS) halal? Doubtful. Based on AAOIFI screening, Transportadora de Gas del Sur S.A. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 46/100 (Grade: C).

Quote this verdict

HalalScreener rates Transportadora de Gas del Sur S.A. (TGS) Doubtful, 46/100, grade C under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/TGS

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

25.5% of 30.0% limit

What this means for you

You may own TGS, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened TGS's prohibited income, but the exact share you would need to purify is part of Pro.

About Transportadora de Gas del Sur S.A.

Transportadora de Gas del Sur S.A. (TGS) is an Argentine enterprise specializing in the transit of natural gas and the extraction and distribution of natural gas liquids. The company's activities are organized across four primary divisions. Its Natural Gas Transportation division oversees a substantial 5,769-mile pipeline system, through which it delivers natural gas to utility providers, power plants, and industrial clients. This segment also handles the ongoing operation and upkeep of its gas transmission facilities. The Liquids Production and Commercialization unit focuses on manufacturing and marketing various natural gas liquids, including ethane, liquefied petroleum gas (LPG), natural gasoline, propane, and butane, serving both domestic and international markets. The Other Services segment provides a suite of intermediate processing functions, such as the purification, separation, and decontamination of natural gas streams, alongside gas compression services. Furthermore, this division is involved in the construction, operation, and maintenance of pipelines and compressor stations, and generates steam for power generation. Lastly, the Telecommunications segment offers communication services, leveraging a sophisticated network that includes a digital microwave system with synchronous digital hierarchy (SDH) technology, as well as a dark fiber optic infrastructure. As of December 31, 2021, TGS had extended its services to approximately 6.2 million final consumers, encompassing residential, commercial, industrial, and electricity generation sectors. Founded in 1992 and headquartered in Buenos Aires, Argentina, Transportadora de Gas del Sur S.A. operates as a subsidiary of Compañía de Inversiones de Energía S.A.

Sector: Energy · Industry: Oil & Gas Integrated

Why This Stock Is Doubtful

Debt is 25.5% of market cap, only 4.5 points below the 30% AAOIFI limit
Interest-bearing deposits are 27.5% of market cap, only 2.5 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Doubtfulnow
since Aug 2026
Not Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Transportadora de Gas del Sur S.A. (TGS) halal to invest in?

Transportadora de Gas del Sur S.A. (TGS) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Transportadora de Gas del Sur S.A. get a C compliance rating?

Transportadora de Gas del Sur S.A. (TGS) received a grade of C (Marginal) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Transportadora de Gas del Sur S.A.'s Shariah verdict?

Transportadora de Gas del Sur S.A.'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 Transportadora de Gas del Sur S.A. re-screened for Shariah compliance?

Transportadora de Gas del Sur S.A. (TGS) 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: Sep 1, 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.