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NEE

NextEra Energy Inc.

DOUBTFUL
Score: 60/100
stock

Is NEE Halal?

Utility — regulated electricity is permissible but high debt concerns.

What You Should Know

NextEra is a major utility and renewable energy company. Providing electricity is permissible. However, very high debt levels common to utilities may raise Sharia debt threshold concerns.

⚠️ Concerns

  • •Very high debt levels
  • •Significant interest payments
  • •Utility model involves regulatory rate-setting with riba elements

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