Is Power Corp of Canada POW stock halal to invest in?

No, as of August 2026, Power Corp of Canada stock (POW) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Power Corp of Canada currently does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Power Corp of Canada and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Power Corp of Canada POW reviewed for Shariah compliance?

Tabadulat reviews Power Corp of Canada POW for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Power Corp of Canada reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Power Corp of Canada POW pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Power Corp of Canada stock (POW) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Power Corp of Canada's income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Power Corp of Canada POW pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Power Corp of Canada stock (POW) does not pass the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. Power Corp of Canada's interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does Power Corp of Canada POW pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Power Corp of Canada stock (POW) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Power Corp of Canada's interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Power Corp of Canada POW stock?

Power Corp of Canada (POW) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Power Corp of Canada returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Power Corp of Canada POW pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Power Corp of Canada stock (POW) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Power Corp of Canada has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Power Corp. of Canada

TSX

Shariah-Compliant

Not Shariah

POW

About

Power Corp. of Canada

POW

Power Corporation of Canada is a diversified international management and holding company. Its primary function is to oversee a diverse portfolio encompassing sectors such as financial services, communications, and utilities. Renowned for its strategic investments, Power Corporation plays a significant role in the financial services sector, primarily through its interest in companies like Great-West Lifeco and IGM Financial. These holdings enable it to offer a broad spectrum of insurance, wealth management, and investment services. Beyond financial services, Power Corporation is involved in communications, notably through its investments in Groupe Bruxelles Lambert, which has stakes in various global enterprises. The corporation’s operations and strategic decisions have substantial impacts on industries ranging from insurance and wealth management to media and technological infrastructure. Established in 1925, Power Corporation of Canada has established itself as a cornerstone of the Canadian business landscape, with its headquarters in Montreal, Quebec. The company’s influence and financial operations contribute to shaping market trends and provide significant value both domestically and internationally.

Sector:

Financial Services

Industry:

Insurance - Life

Employees:

Website:

https://www.powercorporation.com

POW

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Power Corp. of Canada

About

Power Corp. of Canada

POW

Frequently asked questions

Is Power Corp of Canada POW stock halal to invest in?

How often is Power Corp of Canada POW reviewed for Shariah compliance?

Does Power Corp of Canada POW pass the AAOIFI Non Permissible Income criteria?

Does Power Corp of Canada POW pass the AAOIFI Interest Bearing Investments criteria?

Does Power Corp of Canada POW pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Power Corp of Canada POW stock?

Does Power Corp of Canada POW pass the AAOIFI Preference Share screen?

Can I buy Power Corp of Canada (POW) stock on Tabadulat?

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