Pinnacle West Capital Corp

PNW

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Utilities
USA
Large Cap

Pinnacle West Capital Corp is not Shariah Compliant because it fails the financial ratios.

0.25%

Impure Income*

$0.024

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
HOLD
$104.37
17
11.36%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
19.99%
11.14%
0.36
0.54
-5.85%

Shariah Compliance

  • Updated on July 21, 2026
Debt
87.86%
✗
Non-Compliant Assets
0.01%
✓
Impure Income
0.25%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
100%
✗
Impure Income
0.25%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
100%
✗
Impure Income
0.25%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
35.83%
✗
Cash
0.02%
✓
Cash & AR
1.67%
✓
Impure Income
0.25%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
35.83%
✗
Cash
0.02%
✓
Cash & AR
1.67%
✓
Impure Income
0.25%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.25%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Pinnacle West Capital Corporation is an electric utility holding company. The Company operates through its subsidiary, Arizona Public Service Company (APS). It is engaged in regulated retail and wholesale electricity businesses and related activities, and includes electricity generation, transmission, and distribution. It owns or leases approximately 6,257 megawatts (MW) of regulated generation capacity and holds a mix of both long-term and short-term power purchase agreements (PPAs) for additional capacity. Its portfolio includes biomass, biogas, coal, energy storage, geothermal, natural gas, solar, and wind. It includes natural gas power plants located throughout Arizona, consisting of Redhawk, located near Palo Verde; Ocotillo, located in Tempe; Sundance, located in Coolidge; West Phoenix, located in southwest Phoenix; Saguaro, located north of Tucson; and Yucca, located near Yuma. It also includes oil-only power plants, which include Douglas and Yucca GT-4.