Is Bank Albilad (1140) halal?
Bank Albilad is compliant on business activity: it is an Islamic bank, so the debt and interest-income ratios that apply to ordinary companies are not used.
About Bank Albilad
Bank Albilad is a Saudi joint stock bank that provides Sharia-compliant banking and financial services across the Kingdom of Saudi Arabia. Headquartered in Riyadh and founded in 2004, the bank structures its activities around four main segments: Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage. In retail banking, Bank Albilad offers current and savings accounts, personal and real estate financing, auto financing, remittance services, and…
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Frequently asked questions
Is Bank Albilad (1140) halal?
Bank Albilad is compliant on business activity: it is an Islamic bank, so the debt and interest-income ratios that apply to ordinary companies are not used.
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of Bank Albilad's dividends should be purified?
Sanad does not show a purification percentage for this company because its interest income is not reported or it is not a compliant company.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.