Halal Utilities stocks
183 US Utilities listings pass the business-activity screen (0 not decided, 0 do not pass). The 150 largest are below, by market value.
| Stock | Industry | Market cap | Price | Today | Quality | Debt & cash |
|---|---|---|---|---|---|---|
| NEENextEra Energy Inc. | Electric Utilities: Central | $172.9B | $81.02 | −1.70% | — | Not checked |
| SOSouthern Company (The) | Electric Utilities: Central | $106.6B | $91.52 | −1.22% | — | Not checked |
| DUKDuke Energy Corporation (Holding Company) | Power Generation | $97.3B | $123.57 | −0.99% | 41 | Not checked |
| WMWaste Management Inc. | Environmental Services | $94.3B | $225.15 | −4.52% | — | Not checked |
| CEGConstellation Energy Corporation | Electric Utilities: Central | $91.8B | $258.08 | −0.35% | 50 | Passes |
| WMBWilliams Companies Inc. (The) | Natural Gas Distribution | $90.6B | $74.27 | +0.24% | — | Not checked |
| NGGNational Grid Transco PLC National Grid PLC (NEW) American Depositary Shares | Natural Gas Distribution | $85.8B | $82.22 | +0.56% | — | Not checked |
| EPDEnterprise Products Partners L.P. | Natural Gas Distribution | $80.3B | $38.06 | +2.39% | 50 | Not checked |
| KMIKinder Morgan Inc. | Natural Gas Distribution | $75.4B | $33.56 | −0.86% | — | Not checked |
| RSGRepublic Services Inc. | Environmental Services | $72.2B | $233.40 | −0.96% | — | Not checked |
| AEPAmerican Electric Power Company Inc. | Electric Utilities: Central | $70.9B | $128.20 | −1.61% | 41 | Not checked |
| TRGPTarga Resources Inc. | Natural Gas Distribution | $64.9B | $305.90 | +1.09% | — | Not checked |
| TRPTC Energy Corporation | Natural Gas Distribution | $62.9B | $63.12 | +0.37% | — | Not checked |
| LNGCheniere Energy Inc. | Oil/Gas Transmission | $61.9B | $297.77 | −0.66% | — | Not checked |
| OKEONEOK Inc. | Oil & Gas Production | $60.5B | $94.54 | −1.53% | — | Not checked |
| DDominion Energy Inc. | Electric Utilities: Central | $57.5B | $64.28 | −1.65% | 42 | Not checked |
| SOMNSouthern Company (The) 2025 Series A Corporate Units | Electric Utilities: Central | $55.9B | $48.28 | −0.66% | — | Not checked |
| SREDBA Sempra | Natural Gas Distribution | $55.6B | $84.67 | −0.40% | — | Not checked |
| ETREntergy Corporation | Electric Utilities: Central | $50.6B | $107.88 | −0.51% | 38 | Not checked |
| CIENCiena Corporation | Telecommunications Equipment | $49.8B | $363.21 | +3.43% | 61 | Not checked |
| VSTVistra Corp. | Electric Utilities: Central | $49.2B | $142.72 | −2.69% | — | Not checked |
| XELXcel Energy Inc. | Power Generation | $48.8B | $77.18 | −1.22% | — | Not checked |
| EXCExelon Corporation | Power Generation | $46.1B | $44.77 | +0.16% | 42 | Not checked |
| WCNWaste Connections Inc. Common Shares | Environmental Services | $45.5B | $179.76 | −1.21% | — | Not checked |
| EDConsolidated Edison Inc. | Power Generation | $42.5B | $114.15 | −0.77% | 43 | Not checked |
| WECWEC Energy Group Inc. | Power Generation | $36.3B | $110.50 | −0.83% | — | Not checked |
| PEGPublic Service Enterprise Group Incorporated | Power Generation | $36.3B | $72.47 | −0.48% | — | Not checked |
| PPLCPPL Corporation Corporate Units | Electric Utilities: Central | $35.0B | $46.78 | +0.49% | — | Not checked |
| PCGPacific Gas & Electric Co. | Power Generation | $34.7B | $13.15 | +1.47% | — | Not checked |
| VGVenture Global Inc. | Oil/Gas Transmission | $34.5B | $14.35 | +3.91% | — | Not checked |
| CQPCheniere Energy Partners LP Common Units | Oil/Gas Transmission | $31.8B | $65.00 | −1.16% | 51 | Not checked |
| AEEAmeren Corporation | Power Generation | $30.1B | $108.00 | −0.68% | 38 | Not checked |
| FTSFortis Inc. Common Shares | Electric Utilities: Central | $29.5B | $57.31 | −0.78% | 39 | Not checked |
| ATOAtmos Energy Corporation | Oil/Gas Transmission | $29.0B | $169.53 | −1.07% | 45 | Not checked |
| AWKAmerican Water Works Company Inc. | Water Supply | $28.0B | $139.79 | −0.93% | 45 | Not checked |
| CNPCenterPoint Energy Inc (Holding Co) | Electric Utilities: Central | $27.6B | $41.59 | −0.91% | 36 | Not checked |
| DTEDTE Energy Company | Electric Utilities: Central | $27.6B | $131.96 | −0.54% | 32 | Not checked |
| FEFirstEnergy Corp. | Electric Utilities: Central | $26.8B | $46.40 | +0.28% | 43 | Not checked |
| PPLPPL Corporation | Electric Utilities: Central | $26.5B | $35.09 | −0.26% | — | Not checked |
| ESEversource Energy (D/B/A) | Electric Utilities: Central | $25.5B | $66.90 | −1.27% | 43 | Not checked |
| EIXEdison International | Electric Utilities: Central | $22.4B | $58.83 | +1.10% | 47 | Not checked |
| CMSCMS Energy Corporation | Power Generation | $21.6B | $68.21 | −1.14% | 36 | Not checked |
| NINiSource Inc | Power Generation | $20.9B | $43.87 | +0.62% | — | Not checked |
| SOJCSouthern Company (The) Series 2017B 5.25% Junior Subordinated Notes due December 1 2077 | Electric Utilities: Central | $20.0B | $18.16 | −0.33% | — | Not checked |
| NRGNRG Energy Inc. | Electric Utilities: Central | $20.0B | $96.97 | +1.78% | — | Not checked |
| BEPBrookfield Renewable Partners L.P. Limited Partnership Units | Electric Utilities: Central | $19.9B | $28.96 | −1.06% | 36 | Not checked |
| EVRGEvergy Inc. | Power Generation | $19.7B | $84.25 | −1.23% | 37 | Not checked |
| GFLGFL Environmental Inc. Subordinate voting shares no par value | Environmental Services | $19.6B | $43.59 | −3.13% | 46 | Not checked |
| AQNBAlgonquin Power & Utilities Corp. 6.20% Fixed-to-Floating Subordinated Notes Series 2019-A due July 1 2079 | Electric Utilities: Central | $19.5B | $25.62 | +0.71% | — | Not checked |
| SOJDSouthern Company (The) Series 2020A 4.95% Junior Subordinated Notes due January 30 2080 | Electric Utilities: Central | $19.0B | $17.28 | −0.09% | — | Not checked |
| WESWestern Midstream Partners LP Common Units Representing Limited Partner Interests | Natural Gas Distribution | $18.7B | $45.03 | −0.62% | — | Not checked |
| LNTAlliant Energy Corporation | Power Generation | $18.2B | $69.37 | −0.96% | — | Not checked |
| SBSCompanhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) | Water Supply | $16.7B | $4.66 | −1.89% | — | Not checked |
| SOJESouthern Company (The) Series 2020C 4.20% Junior Subordinated Notes due October 15 2060 | Electric Utilities: Central | $16.6B | $15.12 | −0.13% | — | Not checked |
| TLNTalen Energy Corporation | Electric Utilities: Central | $16.6B | $347.75 | +0.58% | — | Fails |
| DUKBDuke Energy Corporation 5.625% Junior Subordinated Debentures due 2078 | Power Generation | $15.9B | $20.48 | +0.15% | — | Not checked |
| EMAEmera Incorporated Common Shares | Electric Utilities: Central | $15.1B | $48.71 | −0.65% | 37 | Not checked |
| KEPKorea Electric Power Corporation | Electric Utilities: Central | $13.5B | $10.48 | 0.00% | — | Not checked |
| DTMDT Midstream Inc. | Natural Gas Distribution | $13.1B | $124.80 | −2.91% | 58 | Not checked |
| PNWPinnacle West Capital Corporation | Electric Utilities: Central | $12.9B | $104.87 | −1.35% | — | Not checked |
| FNFabrinet | Telecommunications Equipment | $12.3B | $367.30 | +7.02% | 62 | Not checked |
| WTRGEssential Utilities Inc. | Water Supply | $12.1B | $42.27 | −0.87% | — | Not checked |
| SREADBA Sempra 5.750% Junior Subordinated Notes due 2079 | Natural Gas Distribution | $11.8B | $18.72 | +0.65% | — | Not checked |
| BEPCBrookfield Renewable Corporation Brookfield Renewable Corporation | Electric Utilities: Central | $10.4B | $29.59 | −1.43% | 32 | Not checked |
| ENLTEnlight Renewable Energy Ltd. | Electric Utilities: Central | $10.2B | $67.83 | −7.46% | 50 | Not checked |
| OGEOGE Energy Corp | Electric Utilities: Central | $10.1B | $48.87 | −0.08% | — | Not checked |
| AMAntero Midstream Corporation | Natural Gas Distribution | $10.0B | $20.75 | −0.60% | 60 | Not checked |
| KNTKKinetik Holdings Inc. | Natural Gas Distribution | $9.1B | $56.61 | +1.54% | — | Not checked |
| EAIEntergy Arkansas LLC First Mortgage Bonds 4.875% Series Due September 1 2066 | Electric Utilities: Central | $8.5B | $18.15 | −0.60% | — | Not checked |
| ELPCCompanhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) | Electric Utilities: Central | $8.4B | $10.96 | −3.09% | 59 | Not checked |
| EMPEntergy Mississippi LLC First Mortgage Bonds 4.90% Series Due October 1 2066 | Electric Utilities: Central | $8.4B | $17.99 | −0.39% | — | Not checked |
| ENJEntergy New Orleans LLC First Mortgage Bonds 5.0% Series due December 1 2052 | Power Generation | $8.4B | $18.02 | −0.17% | — | Not checked |
| UGIUGI Corporation | Natural Gas Distribution | $8.4B | $38.44 | −2.09% | — | Not checked |
| IDAIDACORP Inc. | Electric Utilities: Central | $8.1B | $139.73 | −0.75% | — | Not checked |
| NFGNational Fuel Gas Company | Oil/Gas Transmission | $7.8B | $80.21 | −1.67% | — | Not checked |
| UGPUltrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share) | Oil/Gas Transmission | $7.1B | $6.12 | −4.38% | — | Not checked |
| SWXSouthwest Gas Holdings Inc. | Oil & Gas Production | $6.7B | $92.49 | −0.38% | — | Not checked |
| BEPJBrookfield BRP Holdings (Canada) Inc. 7.250% Perpetual Subordinated Notes | Electric Utilities: Central | $6.6B | $22.55 | −1.36% | — | Not checked |
| TXNMTXNM Energy Inc. | Electric Utilities: Central | $6.5B | $58.60 | −0.05% | — | Not checked |
| BKHBlack Hills Corporation | Electric Utilities: Central | $6.2B | $80.79 | −1.17% | 37 | Not checked |
| ENICEnel Chile S.A. American Depositary Shares (Each representing 50 shares of | Electric Utilities: Central | $6.0B | $4.26 | −1.84% | 40 | Not checked |
| CWSTCasella Waste Systems Inc. | Environmental Services | $6.0B | $88.53 | −5.53% | 48 | Not checked |
| CMSDCMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 | Power Generation | $5.9B | $19.71 | +0.10% | — | Not checked |
| CMSCCMS Energy Corporation 5.875% Junior Subordinated Notes due 2078 | Power Generation | $5.8B | $19.53 | +0.41% | — | Not checked |
| ORAOrmat Technologies Inc. | Electric Utilities: Central | $5.7B | $91.66 | −0.40% | — | Not checked |
| CMSACMS Energy Corporation 5.625% Junior Subordinated Notes due 2078 | Power Generation | $5.6B | $18.80 | +0.37% | — | Not checked |
| AROCArchrock Inc. | Natural Gas Distribution | $5.6B | $31.86 | +0.63% | 60 | Not checked |
| CIGComp En De Mn Cemig ADS American Depositary Shares | Electric Utilities: Central | $5.5B | $1.86 | −3.63% | 43 | Not checked |
| NJRNewJersey Resources Corporation | Oil/Gas Transmission | $5.4B | $52.77 | −0.66% | — | Not checked |
| CWENClearway Energy Inc. | Electric Utilities: Central | $5.4B | $32.77 | +0.15% | 45 | Not checked |
| PORPortland General Electric Co | Electric Utilities: Central | $5.3B | $44.27 | −0.85% | — | Not checked |
| SRSpire Inc. | Oil/Gas Transmission | $5.1B | $85.50 | −0.64% | — | Not checked |
| OKLOOklo Inc. | Electric Utilities: Central | $5.1B | $27.12 | −0.77% | — | Fails |
| OGSONE Gas Inc. | Oil/Gas Transmission | $4.9B | $77.46 | −1.22% | — | Not checked |
| NWENorthWestern Energy Group Inc. | Power Generation | $4.9B | $78.65 | −1.53% | — | Not checked |
| KGSKodiak Gas Services Inc. | Natural Gas Distribution | $4.8B | $48.10 | +1.37% | — | Not checked |
| BEPIBrookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes | Electric Utilities: Central | $4.2B | $14.63 | −1.08% | — | Not checked |
| AQNAlgonquin Power & Utilities Corp. Common Shares | Electric Utilities: Central | $4.2B | $5.34 | −1.48% | 37 | Not checked |
| ENOEntergy New Orleans LLC First Mortgage Bonds 5.50% Series due April 1 2066 | Power Generation | $4.2B | $19.24 | −0.88% | — | Not checked |
| PAMPampa Energia S.A. | Electric Utilities: Central | $4.1B | $75.47 | +0.11% | — | Not checked |
| TACTransAlta Corporation | Electric Utilities: Central | $4.1B | $13.07 | +1.55% | — | Not checked |
| BEPHBrookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes | Electric Utilities: Central | $4.0B | $13.91 | −0.57% | — | Not checked |
| ELCEntergy Louisiana Inc. Collateral Trust Mortgage Bonds 4.875 % Series due September 1 2066 | Electric Utilities: Central | $3.9B | $18.02 | −0.44% | — | Not checked |
| TGSTransportadora de Gas del Sur SA TGS | Natural Gas Distribution | $3.8B | $25.30 | −0.24% | — | Not checked |
| OTTROtter Tail Corporation | Electric Utilities: Central | $3.8B | $89.64 | −0.92% | — | Not checked |
| EEExcelerate Energy Inc. | Oil/Gas Transmission | $3.8B | $33.97 | +2.04% | 44 | Not checked |
| DTWDTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077 | Electric Utilities: Central | $3.7B | $17.65 | −0.34% | — | Not checked |
| KENKenon Holdings Ltd. | Electric Utilities: Central | $3.6B | $65.50 | −4.38% | — | Not checked |
| NFEGPNew Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock | Oil/Gas Transmission | $3.4B | $250.00 | +13.65% | — | Not checked |
| AWRAmerican States Water Company | Water Supply | $3.4B | $84.44 | −1.22% | 52 | Not checked |
| CPKChesapeake Utilities Corporation | Oil & Gas Production | $3.2B | $133.70 | −0.69% | 45 | Not checked |
| AVAAvista Corporation | Power Generation | $3.1B | $37.01 | −1.12% | 39 | Not checked |
| DTGDTE Energy Company 2021 Series E 4.375% Junior Subordinated Debentures | Electric Utilities: Central | $3.1B | $14.76 | −0.61% | — | Not checked |
| DTBDTE Energy Company 2020 Series G 4.375% Junior Subordinated Debentures due 2080 | Electric Utilities: Central | $3.1B | $14.69 | −0.34% | — | Not checked |
| CWTCalifornia Water Service Group | Water Supply | $3.0B | $47.15 | −1.40% | 44 | Not checked |
| HTOH2O America | Water Supply | $2.9B | $61.80 | +1.25% | — | Not checked |
| FRVOFervo Energy Company | Electric Utilities: Central | $2.6B | $8.33 | −4.03% | 53 | Not checked |
| RNWReNew Energy Global plc | Electric Utilities: Central | $2.5B | $6.87 | −0.29% | — | Not checked |
| NWNNorthwest Natural Holding Company | Oil/Gas Transmission | $2.1B | $49.47 | −0.92% | — | Not checked |
| CTRICenturi Holdings Inc. | Oil & Gas Production | $2.1B | $20.98 | +1.65% | 45 | Not checked |
| NGLNGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests | Natural Gas Distribution | $2.0B | $16.53 | +2.04% | — | Not checked |
| CEPUCentral Puerto S.A. American Depositary Shares (each represents ten Common Shares) | Electric Utilities: Central | $1.7B | $11.30 | −1.48% | 58 | Not checked |
| NEXTNextDecade Corporation | Oil & Gas Production | $1.7B | $6.51 | +0.93% | — | Not checked |
| CDZIPCadiz Inc. Depositary Shares | Water Supply | $1.7B | $19.49 | −2.49% | — | Not checked |
| HEHawaiian Electric Industries Inc. | Electric Utilities: Central | $1.4B | $8.39 | +0.48% | — | Not checked |
| MSEXMiddlesex Water Company | Water Supply | $1.1B | $55.38 | −1.49% | — | Not checked |
| UTLUNITIL Corporation | Power Generation | $1.0B | $54.75 | −0.40% | — | Not checked |
| XIFRXPLR Infrastructure LP Common Units representing limited partner interests | Electric Utilities: Central | $910M | $9.59 | −0.62% | — | Not checked |
| EDNEmpresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares | Electric Utilities: Central | $785M | $17.03 | −1.79% | — | Not checked |
| NNENano Nuclear Energy Inc. | Electric Utilities: Central | $663M | $12.39 | +0.41% | — | Fails |
| NTGRNETGEAR Inc. | Telecommunications Equipment | $636M | $23.49 | +0.38% | — | Not checked |
| SMCSummit Midstream Corporation | Natural Gas Distribution | $630M | $31.25 | +0.71% | — | Not checked |
| OIOOIO Group | Environmental Services | $619M | $1.95 | +7.73% | — | Not checked |
| ADTNADTRAN Holdings Inc. | Telecommunications Equipment | $561M | $6.96 | +1.16% | 38 | Not checked |
| HNRGHallador Energy Company | Electric Utilities: Central | $560M | $11.89 | +0.08% | — | Not checked |
| YORWYork Water Company (The) | Water Supply | $514M | $31.26 | −1.26% | — | Not checked |
| GNEGenie Energy Ltd. | Power Generation | $441M | $16.54 | −1.25% | — | Not checked |
| CWCOConsolidated Water Co. Ltd. | Water Supply | $434M | $27.00 | −0.41% | 73 | Not checked |
| CLFDClearfield Inc. | Telecommunications Equipment | $416M | $31.95 | +4.28% | 57 | Not checked |
| CDZICADIZ Inc. | Water Supply | $394M | $4.72 | +1.51% | 23 | Not checked |
| GFUZGeneral Fusion Group Ltd. Common Shares | Electric Utilities: Central | $372M | $6.07 | +3.76% | 49 | Not checked |
| ARTNAArtesian Resources Corporation | Water Supply | $352M | $33.79 | −0.73% | 43 | Not checked |
| CLNEClean Energy Fuels Corp. | Natural Gas Distribution | $322M | $1.43 | −2.05% | 28 | Not checked |
| MNTKMontauk Renewables Inc. | Natural Gas Distribution | $319M | $2.25 | +0.45% | — | Not checked |
| ELLOEllomay Capital Ltd | Electric Utilities: Central | $318M | $23.10 | 0.00% | 23 | Not checked |
| AUDCAudioCodes Ltd. | Telecommunications Equipment | $288M | $11.66 | −0.34% | 50 | Not checked |
| OPALOPAL Fuels Inc. | Natural Gas Distribution | $269M | $1.54 | 0.00% | — | Not checked |
| PCYOPure Cycle Corporation | Water Supply | $252M | $10.65 | +2.01% | — | Not checked |
| RGCORGC Resources Inc. | Oil & Gas Production | $235M | $22.71 | +0.49% | — | Not checked |
| GWRSGlobal Water Resources Inc. | Water Supply | $234M | $7.77 | −0.77% | — | Not checked |
“Debt & cash” is AAOIFI's 30% test, checked where the balance sheet is available. “Quality” is the overall score out of 100, ranked against the whole US market.
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How the screen works
- Business activity. Companies whose main business is impermissible are excluded: conventional banking and insurance, alcohol, tobacco, gambling, pork, adult entertainment and similar. Listings whose industry cannot be decided are marked for review.
- Debt and cash (AAOIFI). Interest-bearing debt and cash plus interest-bearing deposits must each be under 30% of market value. These ratios are checked for the 80 companies with full balance-sheet data; 62 of them pass.
- Not applied: the 5% income test. Impermissible income (such as interest) should be under 5% of revenue. No free source publishes the breakdown it needs, so check it with a scholar or a specialist screening service before you invest.
Automated screen for information only, not a fatwa and not investment advice. The 5% impermissible-income test is not applied: check with a scholar before deciding. Screen updated: 2026-10-29.