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

Transportadora de Gas del Sur S.A.'s (TGS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

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

Transportadora de Gas del Sur S.A. (TGS) 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% (TGS: 37302.7%), (3) interest-bearing deposits below 30% (TGS: 40314.7%), and (4) prohibited income below 5% (TGS: 1.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

Transportadora de Gas del Sur S.A. (TGS) has a non-permissible income ratio of 1.92%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TGS 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 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 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 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

$29.78

-4.76%

Market Cap: 4.5B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Transportadora de Gas del Sur S.A. (TGS) halal? Not Halal. Based on AAOIFI screening, Transportadora de Gas del Sur S.A. 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%.

37302.7% of 30.0% limit

What this means for you

Most scholars advise not holding TGS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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: FMP

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0091.KLA+

Propel Global Bhd

$0.08

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.87

+0.01%

0193.KLA+

Kinergy Advancement Bhd

$0.39

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$2.98

-0.01%

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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 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 Transportadora de Gas del Sur S.A. get a F compliance rating?

Transportadora de Gas del Sur S.A. (TGS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37302.7% (limit 30%); interest-bearing deposits of 40314.7% (limit 30%); prohibited income of 1.92% (limit 5%). 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: Jul 17, 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.