Is CONSUMERS ENERGY CO (CMS-PB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 201.1% / 30% | 0.4% / 30% | 18.2% / 30% | 0.55% / 5% | ✗ NOT HALAL |
| DJIM | 201.1% / 33% | 0.4% / 33% | 18.2% / 33% | 0.55% / 5% | ✗ NOT HALAL |
| MSCI | 36.5% / 33% | 0.1% / 33% | 3.3% / 33% | 0.55% / 5% | ✗ NOT HALAL |
| S&P | 201.1% / 33% | 0.4% / 33% | 18.2% / 33% | 0.55% / 5% | ✗ NOT HALAL |
| FTSE | 36.5% / 33% | 0.1% / 33% | 3.3% / 50% | 0.55% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.3% | |
| Operating Margin | 23.2% | |
| Net Margin | 13.9% | |
| Return on Equity (ROE) | 9.4% | |
| Return on Assets (ROA) | 3.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.2B |
| Free Cash Flow | -$1.3B |
| Total Debt | $13.5B |
| Debt-to-Equity | 107.7 |
| Current Ratio | 0.8 |
| Total Assets | $37.1B |
Price & Trading
| Last Close | $78.25 |
| 50-Day MA | $79.07 |
| 200-Day MA | $78.46 |
| Avg Volume | 921 |
|
52-Week Range
$73.50
| |
About CONSUMERS ENERGY CO (CMS-PB)
Consumers Energy Company operates as an electric and gas utility in Michigan. The company is involved in the generation, purchase, transmission, distribution, and sale of electricity through coal, wind, gas, renewable energy, oil, and nuclear sources, as well as natural gas. It serves residential, commercial, and diversified industrial customers. Consumers Energy Company was formerly known as Consumers Power Company and changed its name to Consumers Energy Company in March 1997. The company was founded in 1886 and is based in Jackson, Michigan. Consumers Energy Company operates as a subsidiary of CMS Energy Corporation.
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Frequently Asked Questions
Is CONSUMERS ENERGY CO (CMS-PB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CONSUMERS ENERGY CO is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CONSUMERS ENERGY CO's debt ratio?
CONSUMERS ENERGY CO's debt ratio is 201.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 36.5%.
What are CONSUMERS ENERGY CO's key financial metrics?
CONSUMERS ENERGY CO has a market capitalization of $6.5B, trailing P/E ratio of 7.2, and revenue of $8.5B. The company maintains a gross margin of 43.3% and a net margin of 13.9%. Return on equity stands at 9.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.