Is Itau Unibanco Holding S.A. (ITUB) stock halal?
Prohibited
The main activity is impermissible: prohibited under all standards.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2024.
Business activity
State Commercial Banks (SIC code 6022): banque à intérêt
Financial statements read
Fiscal year ended 12/31/2024, in millions of réaux. Source: SEC EDGAR: annual reports of Itau Unibanco Holding S.A..
What could not be verified
- Valeur de marché : non déclarée dans ce type de rapport, donc ratio AAOIFI non calculé ; la tolérance est jugée sur le total des actifs.
- Interest-bearing debt: non lue en entier dans les comptes déposés.
- Interest received: amount not isolated in the filed financial statements.
- Activity classified from the SEC sector code, without reading the annual report.
- Figures read automatically and not reviewed by a human.
Status history
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General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology