Compliance Status
Not Halal
Screened on Oct 17, 2026 · AAOIFI Standard 21 look-through
Non-Compliant
Is Tortoise Energy Infrastructure Corporation (TYG) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Tortoise Energy Infrastructure Corporation has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Tortoise Energy Infrastructure Corporation (TYG) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/TYG
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
86% of the basket's holdings were screened individually.
TYG: Is Tortoise Energy Infrastructure Corporation Halal?
Tortoise Energy Infrastructure Corporation
$39.00
Market Cap: 990.6M
Get an email if TYG's halal status changes
We re-screen Tortoise Energy Infrastructure Corporation daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Tortoise Energy Infrastructure Corporation
The Tortoise Energy Infrastructure Corporation, a closed-end equity mutual fund, is managed by Tortoise Capital Advisors L.L.C. This U.S.-domiciled fund, established on October 29, 2003, invests in publicly traded companies within the United States. Its core strategy involves allocating capital to the energy infrastructure sector, specifically targeting businesses engaged in the transportation, processing, storage, distribution, or marketing of natural gas, natural gas liquids (such as propane), coal, crude oil, or refined petroleum products. It also seeks out firms involved in the exploration, development, management, or production of these commodities. The portfolio's main holdings include publicly traded Master Limited Partnerships (MLPs) and stocks of companies with a market capitalization exceeding $100 million.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why TYG is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (78.5%)
Basket Composition
86% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
Top Holdings
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Sep 2026
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Financial Services
This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Financial Services Stocks
Know the day TYG's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Tortoise Energy Infrastructure Corporation (TYG) halal to invest in?
Why did Tortoise Energy Infrastructure Corporation get a F compliance rating?
What could change Tortoise Energy Infrastructure Corporation's Shariah verdict?
How often is Tortoise Energy Infrastructure Corporation re-screened for Shariah compliance?
Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.