
Is Dominion Energy (D) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Dominion Energy, Inc. (D) does not meet the threshold for the interest-bearing debt screen as of September 2026, so it is not Shariah compliant.
Dominion Energy is a major U.S.-based utility company specializing in regulated electricity and natural gas services. Dominion Energy plays a key role in the evolution of the energy sector by operating extensive infrastructure for traditional utilities while also investing heavily in renewable sources such as offshore wind and solar. The company is one of the leading developers of clean, carbon-free electricity in New England, supporting both regional energy needs and broader sustainability goals. For Muslim investors, though, the most pressing question is simpler: is Dominion Energy a Halal investment?
Is Dominion Energy Shariah compliant?
Finance is the sector where Shariah screening does the most work, because Riba is not incidental here, it can be the product itself. Dominion Energy passes the business activity screen only if its revenue comes from permissible services rather than lending at interest, and the financial screens of AAOIFI Shariah Standard No. 21 still apply in full.
Does Dominion Energy pass the business activity test?
The activity screen is only part of the picture this month: Dominion Energy currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Dominion Energy's income Halal?
Yes, within AAOIFI's tolerance. Dominion Energy's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Dominion Energy meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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



