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Shariah compliance overview

Not Halal

Companhia Paranaense de Energia (ELPC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Companhia Paranaense de Energia

Companhia Paranaense de Energia (COPEL) is a Brazilian enterprise primarily engaged in the generation, transformation, distribution, and sale of electrical power. The company serves a diverse clientele, including industrial, residential, commercial, and agricultural sectors, throughout Brazil.

Companhia Paranaense de Energia (ELPC) 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, Interest-bearing securities and assets.

Business Activity
2.58%Limit 5%Pass
Interest-bearing debt
251.21%Limit 30%Fail
Interest-bearing securities and assets
44.20%Limit 30%Fail
Dividend purification
2.58%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 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 Companhia Paranaense de Energia (ELPC). Current Akinda screening label: Not Halal.