Is DUK (Duke Energy Corp.) halal?

Q: Is DUK (Duke Energy Corp.) halal?

DOUBTFUL: Utility — high debt and interest-based financing typical of utilities. Duke Energy provides electricity to US customers. Core service is permissible. Extremely high debt levels typical of regulated utilities fail many Sharia debt screens.

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DUK

Duke Energy Corp.

DOUBTFUL

Score: 55/100

stock

Is DUK Halal?

Utility — high debt and interest-based financing typical of utilities.

What You Should Know

Duke Energy provides electricity to US customers. Core service is permissible. Extremely high debt levels typical of regulated utilities fail many Sharia debt screens.

⚠️ Concerns

•Extremely high debt
•Interest payments dominant in financials
•Utility debt structure

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