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Shariah compliance overview

Not Halal

Ultrapar Participações S.A. (UGP) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Ultrapar Participações S.A.

Ultrapar Participações S.A. (UGP) is a Brazilian company with widespread operations in gas distribution, fuel supply, and logistics/storage.

Ultrapar Participações S.A. (UGP) operates in the Energy sector, in the Oil & Gas Refining & Marketing industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
1.07%Limit 5%Pass
Interest-bearing debt
84.29%Limit 30%Fail
Interest-bearing securities and assets
28.98%Limit 30%Pass
Dividend purification
1.07%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 Ultrapar Participações S.A. (UGP). Current Akinda screening label: Not Halal.