Is Amundi (AMUN.PA) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Amundi (AMUN.PA) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: The figures give 2.1% and 178.7%, on either side of the limit. The balance sheet is in order of liquidity, as banks and insurers present it, so every liability that isn’t clearly tax, provisions, pensions, policyholder contracts or payables is counted as possible borrowing. We show this as Needs Review rather than guess. Last checked 12 October 2026.
Amundi needs further review 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 | — | — | Pass |
| Interest-bearing debt | 30% | 178.74% | Review |
| Cash and interest-bearing investments | 30% | 206.70% | Review |
| Prohibited income | 5% | 2.60% | Pass |
| Not just cash and debts | 90% | 77.38% | Pass |
Key Findings & Observations
- The interest-bearing debt test couldn’t be settled: The figures give 2.1% and 178.7%, on either side of the limit. The balance sheet is in order of liquidity, as banks and insurers present it, so every liability that isn’t clearly tax, provisions, pensions, policyholder contracts or payables is counted as possible borrowing.Source: AAOIFI Shari'ah Standard 21
- The cash and interest-bearing investments test couldn’t be settled: The figures give 0.0% and 206.7%, on either side of the limit. The balance sheet is in order of liquidity, as banks and insurers present it, so every asset that isn’t clearly property, intangibles, tax, pensions, inventory, insurance or a stake in an associate is counted as possible cash or interest-bearing investment.Source: AAOIFI Shari'ah Standard 21
Get an email when verdicts change
One email a month. No spam, unsubscribe any time.
Frequently Asked Questions about Amundi S.A. (AMUN.PA)
Is Amundi (AMUN.PA) stock halal?▾
Not settled. Amundi (AMUN.PA) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: The figures give 2.1% and 178.7%, on either side of the limit. The balance sheet is in order of liquidity, as banks and insurers present it, so every liability that isn’t clearly tax, provisions, pensions, policyholder contracts or payables is counted as possible borrowing. We show this as Needs Review rather than guess. Last checked 12 October 2026.
What is Amundi'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. Amundi's ratio is about 178.7%.
How much dividend purification is required for Amundi (AMUN.PA) stock?▾
Under AAOIFI Shari’ah Standard 21, shareholders should give away the part of their income that comes from prohibited sources: €0.8283 per share for the latest financial year. The amount goes to charity, without counting it as one's own donation.
Does Amundi 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. Amundi'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.
Other Halal & Shariah-compliant Financial Services Stocks
Explore other screened equities in the Financial Services sector.
Track your entire portfolio for Halal / Islamic compliance
Check whether your stocks, ETFs, and 401(k) holdings comply with AAOIFI Shari’ah Standard 21. Save stocks and keep every holding’s verdict in one place.