Is IDACORP INC (IDA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 46.8% / 30% | 2.8% / 30% | 2.9% / 30% | 1.32% / 5% | ✗ NOT HALAL |
| DJIM | 46.8% / 33% | 2.8% / 33% | 2.9% / 33% | 1.32% / 5% | ✗ NOT HALAL |
| MSCI | 35.8% / 33% | 2.1% / 33% | 2.2% / 33% | 1.32% / 5% | ✗ NOT HALAL |
| S&P | 46.8% / 33% | 2.8% / 33% | 2.9% / 33% | 1.32% / 5% | ✗ NOT HALAL |
| FTSE | 35.8% / 33% | 2.1% / 33% | 2.2% / 50% | 1.32% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.4% | |
| Operating Margin | 12.9% | |
| Net Margin | 17.8% | |
| Return on Equity (ROE) | 9.4% | |
| Return on Assets (ROA) | 2.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $602M |
| Free Cash Flow | -$577M |
| Total Debt | $3.7B |
| Debt-to-Equity | 102.6 |
| Current Ratio | 0.9 |
| Total Assets | $10.2B |
Price & Trading
| Last Close | $139.58 |
| 50-Day MA | $138.52 |
| 200-Day MA | $129.09 |
| Avg Volume | 460K |
| Beta | 0.5 |
|
52-Week Range
$108.15
| |
About IDACORP INC (IDA)
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada. As of December 31, 2025, it had approximately 4,730 pole miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 12 switching stations; 31 mixed-use transmission and distribution substations; 188 energized distribution substations; approximately 30,020 linear miles of distribution lines; and a capacity of 1,228 MWh of battery storage. The company provides electric utility services to approximately 664,000 retail customers in southern Idaho and eastern Oregon. It serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, education, and information technology. The company also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
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Frequently Asked Questions
Is IDACORP INC (IDA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IDACORP INC 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 IDACORP INC's debt ratio?
IDACORP INC's debt ratio is 46.8% 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 35.8%.
What are IDACORP INC's key financial metrics?
IDACORP INC has a market capitalization of $7.7B, trailing P/E ratio of 23.8, and revenue of $1.8B. The company maintains a gross margin of 35.4% and a net margin of 17.8%. 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.