What is Tortoise Energy Infrastructure Corporation's Shariah compliance score?

Tortoise Energy Infrastructure Corporation's (TYG) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Tortoise Energy Infrastructure Corporation pass AAOIFI screening?

Tortoise Energy Infrastructure Corporation (TYG) 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% (TYG: 37.2%), (3) interest-bearing deposits below 30% (TYG: 0.1%), and (4) prohibited income below 5% (TYG: 229.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Tortoise Energy Infrastructure Corporation stock?

Tortoise Energy Infrastructure Corporation (TYG) has a non-permissible income ratio of 229.71%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TYG 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 Tortoise Energy Infrastructure Corporation for Shariah compliance for free?

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

TYG: Is Tortoise Energy Infrastructure Corporation Halal?

Tortoise Energy Infrastructure Corporation

NYSEFinancial ServicesUS

$43.13

+0.07%

Market Cap: 743.1M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Tortoise Energy Infrastructure Corporation (TYG) halal? Not Halal. Based on AAOIFI screening, Tortoise Energy Infrastructure 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%.

37.2% of 30.0% limit

What this means for you

Most scholars advise not holding TYG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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

AAOIFI Standard 21Updated Jul 18, 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 Financial Services

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

GLDA+

SPDR Gold Shares

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SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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PYPL

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Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Tortoise Energy Infrastructure Corporation (TYG) halal to invest in?

Tortoise Energy Infrastructure Corporation (TYG) 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 Tortoise Energy Infrastructure Corporation get a F compliance rating?

Tortoise Energy Infrastructure Corporation (TYG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37.2% (limit 30%); interest-bearing deposits of 0.1% (limit 30%); prohibited income of 229.71% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Tortoise Energy Infrastructure Corporation's Shariah verdict?

Tortoise Energy Infrastructure 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 Tortoise Energy Infrastructure Corporation re-screened for Shariah compliance?

Tortoise Energy Infrastructure Corporation (TYG) 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 18, 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.