Is Brookfield Renewable Corporation (BEPC) halal? Not Halal. Based on AAOIFI screening, Brookfield Renewable Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Brookfield Renewable Corporation

BEPC: Is Brookfield Renewable Corporation Halal?

Not Halal

Brookfield Renewable Corporation

NYSEUtilitiesUS

$35.98

-0.91%

About Brookfield Renewable Corporation

Brookfield Renewable Corporation is responsible for the management and operation of a comprehensive collection of renewable energy generation sites. Its operational footprint is predominantly located across the United States, Europe, Colombia, and Brazil. The company utilizes hydroelectric, wind, and solar technologies, collectively possessing a generating capability of approximately 12,723 megawatts. Established in 2019, Brookfield Renewable Corporation's main office is situated in New York, New York.

Sector: Utilities 路 Industry: Renewable Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap401.6% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

5.3B

Price

$35.98

Sector

Utilities

Industry

Renewable Utilities

Halal Alternatives in Utilities

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Brookfield Renewable Corporation (BEPC) halal to invest in?
Brookfield Renewable Corporation (BEPC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Brookfield Renewable Corporation get a F compliance rating?
Brookfield Renewable Corporation (BEPC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 401.6% (limit 30%); interest-bearing deposits of 18.1% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Brookfield Renewable Corporation's Shariah verdict?
Brookfield Renewable Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Brookfield Renewable Corporation re-screened for Shariah compliance?
Brookfield Renewable Corporation (BEPC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.