
Is Central Puerto (CEPU) stock Halal?
September 2026 AAOIFI screening result for Central Puerto SA (CEPU): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 99.82%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Central Puerto is a leading private-sector utility specializing in electric power generation in Argentina. The company operates a diversified portfolio of assets spanning conventional and renewable energy sources, including combined cycle, gas and steam turbine, co-generation, hydroelectric, wind, and solar plants. Central Puerto also participates in natural gas transport and distribution, as well as forestry and mining activities, reflecting a broad industrial scope. Before any of that matters to a Muslim investor, one question comes first: is Central Puerto stock Halal?
Is Central Puerto Shariah compliant?
In financial services the activity screen carries the verdict more often than anywhere else: AAOIFI Shariah Standard No. 21 draws a hard line between fee based, permissible services and earning Riba as a business model. For Central Puerto, that distinction comes first, with the debt and investment ratios behind it.
Does Central Puerto pass the business activity test?
Yes. In the September 2026 screening Central Puerto holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Central Puerto's income Halal?
Yes, within AAOIFI's tolerance. Central Puerto's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.82% tells holders of CEPU what share of each dividend to keep and what remainder to donate to charity.
Does Central Puerto meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CEPU re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read What is Riba? A Clear Guide for Ethical Muslim Investing



