Question 1

Is Companhia Paranaense de Energia ELP stock halal to invest in?

Accepted Answer

No. As of February 2026, Companhia Paranaense de Energia (ELP) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 caps non-permissible income at 5% of revenue, and interest-bearing debt and investments at 30% of market capitalisation each. We re-screen monthly, so the status can change. Check the live verdict in the Tabadulat app.

Question 2

How often is Companhia Paranaense de Energia ELP reviewed for Shariah compliance?

Accepted Answer

Tabadulat re-screens Companhia Paranaense de Energia (ELP) every month. Each review applies AAOIFI Shariah Standard No. 21 to the latest financial data: business activity, non-permissible income, interest-bearing investments and debt, and preference shares. Our Shariah Supervisory Board oversees the process. Ratios move with the market, so a verdict can change. App users are alerted if a holding turns non-compliant.

Question 3

Does Companhia Paranaense de Energia ELP pass the AAOIFI Non Permissible Income criteria?

Accepted Answer

Yes. Companhia Paranaense de Energia's income from non-permissible sources stays below AAOIFI's 5% ceiling in the February 2026 screening. The screen covers interest, conventional finance, alcohol, gambling and tobacco. Small incidental amounts are allowed, but they must be purified: investors donate that share of dividends to charity. We re-check this screen every month.

Question 4

Does Companhia Paranaense de Energia ELP pass the AAOIFI Interest Bearing Investments criteria?

Accepted Answer

Yes. Companhia Paranaense de Energia's interest-bearing investments stay below 30% of market capitalisation in the February 2026 screening, inside the AAOIFI limit. This covers conventional deposits, bonds and money-market instruments. The ratio is measured against market capitalisation, so it moves with the share price. That is why we re-screen every month.

Question 5

Does STOCK  pass the AAOIFI Interest Bearing Debt criteria?

Accepted Answer

Yes. Companhia Paranaense de Energia's interest-bearing debt stays below 30% of market capitalisation in the February 2026 screening, inside the AAOIFI limit. The cap limits shareholders' exposure to interest-based leverage. Because market capitalisation changes daily, the ratio can drift without any new borrowing. We re-screen every month.

Question 6

How can I check the latest Shariah compliance status of Companhia Paranaense de Energia stock?

Accepted Answer

No purification factor applies to Companhia Paranaense de Energia (ELP) right now. Factors are published only for stocks that pass AAOIFI screening, and ELP currently does not. Purification (Tazkiyah) means donating the small impure share of dividend income to charity. If ELP returns to compliance in a monthly review, its factor is published again.

Question 7

Can the Shariah compliance status of Companhia Paranaense de Energia stock change?

Accepted Answer

Yes. Companhia Paranaense de Energia has no impermissible preference share structure, so it passes this AAOIFI screen as of February 2026. Preference shares promise holders fixed or priority dividends ahead of ordinary shareholders. That conflicts with the Shariah principle of sharing profit and loss in proportion to ownership. The screen is verified in every monthly review.

Is Companhia Paranaense de Energia (ELP) stock Halal?

Frequently asked questions

Shariah Compliant in core.

Sheikh Muhammad Ahmad Sultan

Sheikh Dr. Irshad Ahmad Aijaz

Sheikh Dr. Salah Fahad Al Shalhoob

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Is Companhia Paranaense de Energia (ELP) stock Halal?

Frequently asked questions