Is ENERGY CO OF PARANA (ELPC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 247.3% / 30% | 43.0% / 30% | 83.1% / 30% | 5.92% / 5% | ✗ NOT HALAL |
| DJIM | 247.3% / 33% | 43.0% / 33% | 83.1% / 33% | 5.92% / 5% | ✗ NOT HALAL |
| MSCI | 33.6% / 33% | 5.8% / 33% | 11.3% / 33% | 5.92% / 5% | ✗ NOT HALAL |
| S&P | 247.3% / 33% | 43.0% / 33% | 83.1% / 33% | 5.92% / 5% | ✗ NOT HALAL |
| FTSE | 33.6% / 33% | 5.8% / 33% | 11.3% / 50% | 5.92% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.1% | |
| Operating Margin | 19.8% | |
| Net Margin | 10.3% | |
| Return on Equity (ROE) | 11.0% | |
| Return on Assets (ROA) | 5.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.0B |
| Free Cash Flow | $2.8B |
| Total Debt | $20.3B |
| Debt-to-Equity | 87.9 |
| Current Ratio | 1.0 |
| Total Assets | $60.4B |
Price & Trading
| Last Close | $11.52 |
| 50-Day MA | $10.85 |
| 200-Day MA | $9.37 |
| Avg Volume | 242K |
| Beta | 0.4 |
|
52-Week Range
$6.13
| |
About ENERGY CO OF PARANA (ELPC)
Companhia Paranaense de Energia - COPEL, together with its subsidiaries, engages in the research, study, planning, construction, production, transformation, transportation, distribution, and commercialization of electricity in Brazil. The company operates through three segments: Generation and Transmission of Electrical Energy; Electrical Energy Distribution; and Commercialization. It produces electricity from hydroelectric and wind power; and constructs, operates, and maintains substations, as well as lines for energy transmission. The company was formerly known as Companhia Paranaense de Energia Elétrica and changed its name to Companhia Paranaense de Energia - COPEL in October 1979. Companhia Paranaense de Energia - COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
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Frequently Asked Questions
Is ENERGY CO OF PARANA (ELPC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ENERGY CO OF PARANA 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 ENERGY CO OF PARANA's debt ratio?
ENERGY CO OF PARANA's debt ratio is 247.3% 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 33.6%.
What are ENERGY CO OF PARANA's key financial metrics?
ENERGY CO OF PARANA has a market capitalization of $8.5B, trailing P/E ratio of 16.8, and revenue of $26.1B. The company maintains a gross margin of 18.1% and a net margin of 10.3%. Return on equity stands at 11.0%.
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.