
Is Portland General Electric (POR) stock Halal?
Portland General Electric Co. (POR) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens POR monthly, and a stock can return to compliance when new financial reports change its ratios.
Portland General Electric is a publicly traded energy company focused on generating and delivering electricity to the regional population of Oregon. As an electric utility, its core function is to ensure reliable and sustainable power supply to residential, commercial, and industrial customers. The company leverages a diverse energy generation portfolio, including hydroelectric, natural gas, coal, and renewable resources such as wind and solar power. Before any of that matters to a Muslim investor, one question comes first: is Portland General Electric stock Halal?
Is Portland General Electric 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 Portland General Electric, that distinction comes first, with the debt and investment ratios behind it.
Does Portland General Electric pass the business activity test?
The activity screen is only part of the picture this month: Portland General Electric 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 Portland General Electric's income Halal?
Yes, within AAOIFI's tolerance. Portland General Electric's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Portland General Electric 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



