FTRSFStockFortis Inc.
Verdicts genuinely change. Free email alert the moment FTRSF's does — no target price to set, unlike "Alert" above.
Whether this company clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Fortis Inc. (FTRSF) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-29). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.
30 other Utilities stocks pass this same screen. See compliant Utilities stocks →
🕌 In-house Compliance Research
Computed from published company financials, balance sheet as of 2025-12-31. FTRSF files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
AAOIFI Fail
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 278.38% | 30.00% | Fail |
| Interest-bearing investments | 3.01% | 30.00% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
Usmani Fail
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 45.81% | 33.00% | Fail |
| Interest-bearing investments | 0.49% | 33.00% | Pass |
| Non-liquid assets | 97.51% | at least 20.00% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
MSCI Fail
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 45.34% | 33.33% | Fail |
| Cash + interest-bearing securities | 0.49% | 33.33% | Pass |
| Accounts receivable | 2.49% | 33.33% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
FTSE Fail
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 45.26% | 33.33% | Fail |
| Cash + interest-bearing securities | 0.49% | 33.33% | Pass |
| Accounts receivable | 2.49% | 50.00% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
Dow Jones Islamic Market Fail
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 326.28% | 33.00% | Fail |
| Cash + interest-bearing securities | 3.53% | 33.00% | Pass |
| Accounts receivable | 14.36% | 33.00% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
S&P Shariah Fail
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 354.24% | 33.00% | Fail |
| Cash + interest-bearing securities | 3.83% | 49.00% | Pass |
| Accounts receivable | 15.59% | 49.00% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
MSCI M-Series Fail
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 354.24% | 33.33% | Fail |
| Cash + interest-bearing securities | 3.83% | 33.33% | Pass |
| Accounts receivable | 19.42% | 49.00% | Pass |
| Non-permissible income | 0.00% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
How close is it to flipping?
Every current reading against its own line, closest first. A verdict is only as durable as that distance.
The numbers the ratios are built from
Read from FTRSF's own filings. Every percentage on this page is one of these lines divided by another, so the inputs are shown rather than asserted.
| Line | Figure | As reported | Read from |
|---|---|---|---|
| RevenueTotal revenue for the period | $8.9B | 2025-12-31 | yahoo:annualTotalRevenue |
| Interest-bearing debtBorrowings — which definition was stored is not recorded | $24.7B | 2025-12-31 | LongTermDebtNoncurrent, LongTermDebtCurrent |
| Cash and interest-bearing securitiesCash, equivalents and marketable securities | $268.0M | 2025-12-31 | CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
| Total assetsBalance sheet total | $54.7B | 2025-12-31 | Assets |
| Market capDenominator for AAOIFI | $8.9B | live quote | price x shares |
| 36-month average market capDenominator for S&P Shariah and MSCI M-Series | $7.1B | 756 trading days | closes x shares |
| 24-month average market capDenominator for Dow Jones Islamic Market | $7.7B | 504 trading days | closes x shares |
| Non-permissible revenueInterest and excluded income | $0 | 2025-12-31 | no interest-income tag reported in 3+ years (treated as $0) |
Two dates, not one: a balance-sheet line and an income-statement line cover different windows by design, so each figure carries its own.
What changed, and when
Verdict history for FTRSF. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for FTRSF has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 5 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Not enough completed daily bars to compute pivots.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 60.80 | NEUTRAL |
| Stochastic %K (14) | 80.57 | SELL |
| CCI (20) | 33.92 | NEUTRAL |
| Williams %R (14) | -19.43 | SELL |
| MACD (12,26,9) | 0.00 | BUY |
| ROC (10) | 3.31 | BUY |
| Momentum (10) | 0.58 | BUY |
| EMA (10) | 17.97 | BUY |
| SMA (10) | 17.80 | BUY |
| EMA (20) | 17.95 | BUY |
| SMA (20) | 18.05 | BUY |
| EMA (30) | 17.90 | BUY |
| SMA (30) | 18.17 | BUY |
| EMA (50) | 17.78 | BUY |
| SMA (50) | 17.73 | BUY |
| EMA (100) | 17.56 | BUY |
| SMA (100) | 17.40 | BUY |
| EMA (200) | 17.33 | BUY |
| SMA (200) | 17.39 | BUY |
About Fortis Inc.
Utilities · Utilities - Regulated Electric
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
Background via Yahoo Finance — informational, not part of the verdict.
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is this a fatwa?
No. HTR applies published screening standards to a company's own filings and shows the result under each one. It is research, not a religious ruling. For a ruling that applies to you, ask a qualified scholar.
Why can the standards disagree?
Because they measure different things. Some divide interest-bearing debt by market cap, others by total assets, and the thresholds differ too. The same filing can clear one line and cross another. HTR shows every verdict rather than averaging them into one label.
How often is this re-screened?
Ratios are recomputed when a new filing lands, and the whole watchlist is re-screened on a rolling basis. The date on the verdict above is the last time this symbol was actually recomputed, not the last time the page was built.
Do I need to purify dividends?
If a company earns some non-permissible income, many scholars hold that the same share of any dividend should be given away. The non-permissible income figure above is the number that calculation starts from — the purification calculator finishes it, showing the filing figures behind the ratio and both the proportional and the AAOIFI per-share convention.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-20 · Asset managers net 901377 (-14458)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.