Is Duke Energy Corporation (Holdin (DUK) Stock Halal or Haram?
Duke Energy Corporation (Holdin (DUK) - Not Halal (Non-Compliant)
Duke Energy Corporation (Holdin (DUK) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
Utilities
Industry
Utilities - Regulated Electric
Result
Pass
Reason
The sector "Utilities" and industry "Utilities - Regulated Electric" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 100.9% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 15.6% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.15%.Based on the company's financial statements, approximately 0.15% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.15% of total income). Some scholars may differ on the exact calculation method.
About Duke Energy Corporation (Holdin
Duke Energy Corporation, through its subsidiaries, operates as an energy company in the United States. The company operates through two segments: Electric Utilities and Infrastructure (EU&I); and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity to customers in the Southeast and Midwest regions. It generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. The GU&I segment distributes natural gas to customers in the residential, commercial, industrial, and power generation natural gas sectors; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. Duke Energy Corporation was founded in 1904 and is headquartered in Charlotte, North Carolina.
Based on the company's financial statements, approximately 0.15% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.15% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Duke Energy Corporation (Holdin
Duke Energy Corporation, through its subsidiaries, operates as an energy company in the United States. The company operates through two segments: Electric Utilities and Infrastructure (EU&I); and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity to customers in the Southeast and Midwest regions. It generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. The GU&I segment distributes natural gas to customers in the residential, commercial, industrial, and power generation natural gas sectors; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. Duke Energy Corporation was founded in 1904 and is headquartered in Charlotte, North Carolina.
United StatesNYSEUtilities
Screened using AAOIFI Standard No. 21 on October 26, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Mar 2, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Duke Energy Corporation (Holdin (DUK) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 0.2% of Duke Energy Corporation (Holdin's total income. AAOIFI standards require non-permissible income to be below 5%.
DUK is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Duke Energy Corporation (Holdin's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch DUK free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 0.15% of dividend income from Duke Energy Corporation (Holdin comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Is Duke Energy Corporation (Holdin (DUK) stock halal to invest in?
According to AAOIFI Shariah screening standards, Duke Energy Corporation (Holdin (DUK) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Duke Energy Corporation (Holdin have any interest income?
Identified interest income is 0.2% of Duke Energy Corporation (Holdin's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if DUK stock is Shariah-compliant?
DUK is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Duke Energy Corporation (Holdin stock reviewed for Shariah compliance?
Duke Energy Corporation (Holdin's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Duke Energy Corporation (Holdin's compliance status?
Watch DUK free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from Duke Energy Corporation (Holdin stock considered halal?
Approximately 0.15% of dividend income from Duke Energy Corporation (Holdin comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my Duke Energy Corporation (Holdin shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
