Is Fortis, Inc. FTS stock halal to invest in?

No, as of February 2026, Fortis, Inc. stock (FTS) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Fortis, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Fortis, Inc. and alternative halal stock options within the Tabadulat app.

How often is Fortis, Inc. FTS reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Fortis, Inc. FTS monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Fortis, Inc. FTS pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Fortis, Inc. stock (FTS) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does Fortis, Inc. FTS pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Fortis, Inc. stock (FTS) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Fortis, Inc. stock (FTS) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

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Fortis, Inc.

TSX

Shariah-Compliant

Not Shariah

FTS

About

Fortis, Inc.

FTS

Fortis Inc. operates as a leading energy management and infrastructure enterprise in North America. Specializing in electric and gas utility operations, Fortis Inc. plays a crucial role in the daily energy consumption and distribution across numerous regions. The company focuses on delivering safe, reliable, and cost-effective energy solutions to its customers. With operations in Canada, the United States, and the Caribbean, Fortis Inc. oversees an extensive network of power lines and natural gas distribution systems. Its diversified assets include regulated electric utilities and natural gas distribution subsidiaries, impacting residential, commercial, and industrial sectors. As a significant player in the energy market, Fortis Inc. is committed to sustainability and aims to incorporate renewable energy sources into its portfolio. Its market presence underscores its importance in supporting infrastructure development and energy efficiency advancements across its service areas, ensuring growth and stability in the evolving energy landscape.

Sector:

Utilities

Industry:

Utilities - Regulated Electric

Employees:

9800

Website:

https://www.fortisinc.com

FTS

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Fortis, Inc.

About

Fortis, Inc.

FTS

Frequently asked questions

Is Fortis, Inc. FTS stock halal to invest in?

How often is Fortis, Inc. FTS reviewed for Shariah compliance?

Does Fortis, Inc. FTS pass the AAOIFI Non Permissible Income criteria?

Does Fortis, Inc. FTS pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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