What is Unitil Corporation's Shariah compliance score?

Unitil Corporation's (UTL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Unitil Corporation pass AAOIFI screening?

Unitil Corporation (UTL) 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% (UTL: 65.6%), (3) interest-bearing deposits below 30% (UTL: 1.0%), and (4) prohibited income below 5% (UTL: 1.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Unitil Corporation stock?

Unitil Corporation (UTL) has a non-permissible income ratio of 1.04%. Muslim investors should purify this percentage of any dividends received and capital gains realized from UTL 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 Unitil Corporation for Shariah compliance for free?

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

UTL: Is Unitil Corporation Halal?

Unitil Corporation

NYSEUtilitiesUS

$53.48

+1.96%

Market Cap: 962.1M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Unitil Corporation (UTL) halal? Not Halal. Based on AAOIFI screening, Unitil 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%.

65.6% of 30.0% limit

What this means for you

Most scholars advise not holding UTL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Unitil Corporation

Unitil Corporation functions as a public utility holding company, with its primary operations centered on the provision of electricity and natural gas. The company's activities are categorized into three main divisions: Utility Electric Operations, Utility Gas Operations, and Non-Regulated services. It delivers electricity to consumers in New Hampshire's southeastern coastal areas and its capital region, alongside the wider Fitchburg vicinity in north-central Massachusetts. Its natural gas services span southeastern New Hampshire, various locales within southern and central Maine (including the cities of Portland and the Lewiston-Auburn region), and also the extended Fitchburg area of north-central Massachusetts. Additionally, Unitil operates an 86-mile subterranean interstate natural gas transmission pipeline, which supplies crucial pipeline access and transportation amenities, mainly throughout Maine and New Hampshire. Beyond its core utility offerings, the corporation furnishes energy brokering and consulting services to commercial and industrial clients, alongside managing real estate assets. Currently, it caters to approximately 107,700 electricity users and 86,600 natural gas customers. Unitil Corporation was established in 1984 and is based in Hampton, New Hampshire.

Sector: Utilities · Industry: Diversified Utilities

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: 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%

More Utilities Stocks

NEE

NextEra Energy, Inc.

The Southern Company

DUK

Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

B+

Dominion Energy, Inc.

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Frequently Asked Questions

Is Unitil Corporation (UTL) halal to invest in?

Unitil Corporation (UTL) 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 Unitil Corporation get a F compliance rating?

Unitil Corporation (UTL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 65.6% (limit 30%); interest-bearing deposits of 1.0% (limit 30%); prohibited income of 1.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Unitil Corporation's Shariah verdict?

Unitil 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 Unitil Corporation re-screened for Shariah compliance?

Unitil Corporation (UTL) 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.