Is Alinma Bank (1150) halal?
Alinma Bank 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 Alinma Bank
Alinma Bank is a prominent financial institution operating primarily within the Kingdom of Saudi Arabia, established to offer comprehensive banking solutions compliant with Islamic financial principles. As an asset, its primary function is to serve various financial needs such as personal banking, corporate finance, investment services, and treasury products, all structured to adhere to Shariah law. Alinma Bank's offerings include current and savings accounts, personal…
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Frequently asked questions
Is Alinma Bank (1150) halal?
Alinma Bank 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 Alinma Bank'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 2026-09-17.