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Shariah compliance overview

Not Halal

The Southern Company (SO) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About The Southern Company

The Southern Company operates as an energy utility, primarily involved in the production, transmission, and distribution of electricity. Its operations are segmented into Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services.

The Southern Company (SO) 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
0.00%Limit 5%Pass
Interest-bearing debt
77.86%Limit 30%Fail
Interest-bearing securities and assets
1.76%Limit 30%Pass
Dividend purification
0.00%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 The Southern Company (SO). Current Akinda screening label: Not Halal.