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Shariah compliance overview

Not Halal

Public Service Enterprise Group Incorporated (PEG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Public Service Enterprise Group Incorporated

Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States. The company's business activities are structured into two primary segments: PSE&G and PSEG Power.

Public Service Enterprise Group Incorporated (PEG) 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
0.99%Limit 5%Pass
Interest-bearing debt
62.43%Limit 30%Fail
Interest-bearing securities and assets
0.35%Limit 30%Pass
Dividend purification
0.99%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 Public Service Enterprise Group Incorporated (PEG). Current Akinda screening label: Not Halal.