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Shariah compliance overview

Not Halal

Unitil Corporation (UTL) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Unitil Corporation

Unitil Corporation functions as a public utility holding company, with its primary operations centered on the provision of electricity and natural gas. The company's activities are categorized into three main divisions: Utility Electric Operations, Utility Gas Operations, and Non-Regulated services.

Unitil Corporation (UTL) operates in the Utilities sector, in the Diversified Utilities industry.

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

Business Activity
1.31%Limit 5%Pass
Interest-bearing debt
105.58%Limit 30%Fail
Interest-bearing securities and assets
1.76%Limit 30%Pass
Dividend purification
1.31%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 Unitil Corporation (UTL). Current Akinda screening label: Not Halal.