Is Bank of America Corp stock halal?

As of 2026-08-06, Bank of America Corp (BAC) fails AAOIFI-style screening. Penny measures business activity, debt/market cap, cash plus interest-bearing securities/market cap, and receivables/assets. Interest income is not separately reported in the current website dataset and is not proof of a pass. This is an educational screen, not certification or a fatwa.

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Is Bank of America Corp (BAC) stock halal?

AAOIFI-style screening · Updated 2026-08-06

Not Halal

Bank of America Corp fails AAOIFI-style screening as of 2026-08-06.

Measured ratios, in perspectiveMarker = screening limit

Debt to market cap < 33%159.7%

Limit: 33% · Above threshold

Cash + interest-bearing securities to market cap < 33%45.7%

Limit: 33% · Above threshold

Only measured ratios are shown here. The full breakdown below includes unmeasured fields and limitations.

The rule-by-rule breakdown

Rule	Result	Value
Business activity	Fail	Industry "Banking" matches blocked category "bank"
Debt to market cap < 33%	Fail	159.7%
Cash + interest-bearing securities to market cap < 33%	Fail	45.7%
Accounts receivable to total assets < 49%	Pass	n/a
Interest income to total revenue < 5%	Not measured	Interest income is not separately reported in our data source; the business-activity screen covers interest-driven businesses.

Industry: Banking. Full rules, thresholds, and limitations: our screening methodology.

Compliance changes — screenshots don't

This snapshot is from 2026-08-06. The Penny app screens BAC live, tracks your whole portfolio's halal suitability, and calculates zakat and purification during the free trial and subscription.

Check BAC live in Penny

Related screenings

Educational, AAOIFI-inspired screening based on public annual filings and market data as of 2026-08-06 — not certification, a fatwa, or investment advice. Positions and screening methods differ; verify before acting.