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Shariah compliance overview

Not Halal

Pinnacle West Capital Corporation (PNW) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Pinnacle West Capital Corporation

Pinnacle West Capital Corporation (PNW), primarily operating through its Arizona Public Service Company (APS) subsidiary, delivers retail and wholesale electricity services predominantly within Arizona.

Pinnacle West Capital Corporation (PNW) 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
0.34%Limit 5%Pass
Interest-bearing debt
137.42%Limit 30%Fail
Interest-bearing securities and assets
0.09%Limit 30%Pass
Dividend purification
0.34%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 Pinnacle West Capital Corporation (PNW). Current Akinda screening label: Not Halal.