Shariah compliance overview
Not HalalUnitil 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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Company Profile
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Frequently asked questions
Quick answers about Unitil Corporation (UTL). Current Akinda screening label: Not Halal.
