Shariah compliance overview
Not HalalTXNM Energy, Inc. (TXNM) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About TXNM Energy, Inc.
TXNM Energy, Inc., through its various subsidiaries, supplies electricity and related services across the United States. Its operations are organized into two main divisions: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).
TXNM Energy, Inc. (TXNM) 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
- 1.38%Limit 5%Pass
- Interest-bearing debt
- 101.47%Limit 30%Fail
- Interest-bearing securities and assets
- 0.03%Limit 30%Pass
- Dividend purification
- 1.15%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.
Please login to access this content
Please login to access this content
Please login to access this content
Company Profile
Please login to access this content
Frequently asked questions
Quick answers about TXNM Energy, Inc. (TXNM). Current Akinda screening label: Not Halal.
