Is Arab National Bank (1080.SR) stock halal?
Screened against AAOIFI Shari’ah Standard 21
No. Arab National Bank (1080.SR) does not pass the AAOIFI Shari’ah Standard 21 screen. Its main business is conventional banking, lending or insurance (Yahoo industry “Banks - Regional”), which AAOIFI Shari’ah Standard 21 excludes (3/4/1). Last checked 21 September 2026.
Arab National Bank is not compliant under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Fail |
| Interest-bearing debt | 30% | 546.77% | Review |
| Cash and interest-bearing investments | 30% | 34.61% | Fail |
| Prohibited income | 5% | 78.91% | Review |
| Not just cash and debts | 90% | 27.70% | Pass |
Key Findings & Observations
- Its main business is conventional banking, lending or insurance (Yahoo industry “Banks - Regional”), which AAOIFI Shari’ah Standard 21 excludes (3/4/1).Source: Business check
- The interest-bearing debt test couldn’t be settled: Only an upper estimate is available, and it is over the limit. No debt figure was reported, so total liabilities are used as an upper bound.Source: AAOIFI Shari'ah Standard 21
- Cash and interest-bearing investments are 34.6% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/3).Source: AAOIFI Shari'ah Standard 21
- The prohibited income test couldn’t be settled: Only an upper estimate is available, and it is over the limit. Interest income is not reported, so we assume all cash, investments and receivables earned 10%, which is more than they could have.Source: AAOIFI Shari'ah Standard 21
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Frequently Asked Questions about Arab National Bank (1080.SR)
Is Arab National Bank (1080.SR) stock halal?▾
No. Arab National Bank (1080.SR) does not pass the AAOIFI Shari’ah Standard 21 screen. Its main business is conventional banking, lending or insurance (Yahoo industry “Banks - Regional”), which AAOIFI Shari’ah Standard 21 excludes (3/4/1). Last checked 21 September 2026.
What is Arab National Bank's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Arab National Bank's ratio is at most 546.8%.
How much dividend purification is required for Arab National Bank (1080.SR) stock?▾
Arab National Bank does not pass the screen, so purification does not apply: the standard does not permit holding it.
Does Arab National Bank operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Arab National Bank's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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