Essential Utilities, Inc.

WTRG: Is Essential Utilities, Inc. Halal?

Essential Utilities, Inc.

NYSEUtilitiesUS

$39.38

+3.55%

Market Cap: 11.2B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Essential Utilities, Inc. (WTRG) halal? Not Halal. Based on AAOIFI screening, Essential Utilities, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

74.2% of 30.0% limit

What this means for you

Most scholars advise not holding WTRG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Essential Utilities, Inc.

Essential Utilities, Inc. is a diversified utility enterprise that, through its various operating units, delivers vital water, wastewater, and natural gas services within the United States. Its operations extend beyond direct utility provision, encompassing contractual management and maintenance of water systems for municipal authorities and other organizations. The company also offers specialized non-utility services, such as providing untreated water resources for the natural gas drilling sector and, via a third-party partner, supplying protective and repair solutions for household water and sewer lines. Catering to an extensive client base of approximately 7.5 million residential, commercial, industrial, fire protection, and general utility customers, Essential Utilities operates under the well-known Aqua and Peoples brands across a significant geographic footprint. This footprint includes Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky. Founded in 1886, the corporation is headquartered in Bryn Mawr, Pennsylvania, and adopted its current name, Essential Utilities, Inc., in February 2020, previously being known as Aqua America, Inc.

Sector: Utilities · Industry: Regulated Water

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

  3. Not Halal

    until the change above

Tracked since Jun 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:

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Frequently Asked Questions

Is Essential Utilities, Inc. (WTRG) halal to invest in?
Essential Utilities, Inc. (WTRG) 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 Essential Utilities, Inc. get a F compliance rating?
Essential Utilities, Inc. (WTRG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 74.2% (limit 30%); interest-bearing deposits of 0.3% (limit 30%); prohibited income of 0.03% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Essential Utilities, Inc.'s Shariah verdict?
Essential Utilities, Inc.'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 Essential Utilities, Inc. re-screened for Shariah compliance?
Essential Utilities, Inc. (WTRG) 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.