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.
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% | Pass | 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 — free rule-by-rule verdicts included.
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Educational screening based on public annual filings and market data as of 2026-08-06 — not a fatwa, not investment advice. Positions differ among scholars; verify with yours before acting.