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Shariah compliance overview

Not Halal

National Grid plc (NG.L) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About National Grid plc

National Grid plc operates as a major energy utility, focusing on the transmission and distribution of both electricity and natural gas. Its business is organized into distinct geographical and operational segments.

National Grid plc (NG.L) 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
1.47%Limit 5%Pass
Interest-bearing debt
113.38%Limit 30%Fail
Interest-bearing securities and assets
6.86%Limit 30%Pass
Dividend purification
1.47%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 National Grid plc (NG.L). Current Akinda screening label: Not Halal.