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Shariah compliance overview

Not Halal

Hawaiian Electric Industries, Inc. (HE) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc. (HE) operates as a diversified holding company primarily focused on three key areas within the state of Hawaii: electric utility services, banking, and investments in renewable and sustainable infrastructure.

Hawaiian Electric Industries, Inc. (HE) 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, Interest-bearing securities and assets.

Business Activity
1.18%Limit 5%Pass
Interest-bearing debt
144.82%Limit 30%Fail
Interest-bearing securities and assets
58.94%Limit 30%Fail
Dividend purification
1.18%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 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 Hawaiian Electric Industries, Inc. (HE). Current Akinda screening label: Not Halal.