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Shariah compliance overview

Not Halal

American Electric Power Company, Inc. (AEP) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About American Electric Power Company, Inc.

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity.

American Electric Power Company, Inc. (AEP) operates in the Utilities sector, in the Regulated Electric industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.40%Limit 5%Pass
Interest-bearing debt
87.38%Limit 30%Fail
Interest-bearing securities and assets
0.86%Limit 30%Pass
Dividend purification
0.40%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about American Electric Power Company, Inc. (AEP). Current Akinda screening label: Not Halal.