Is Alliance Bank Malaysia Berhad (2488.KL) halal? Not Halal. Based on AAOIFI screening, Alliance Bank Malaysia Berhad has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
2488.KL — Is Alliance Bank Malaysia Berhad Halal?
Not HalalAlliance Bank Malaysia Berhad
$4.67
+0.00%
About Alliance Bank Malaysia Berhad
Alliance Bank Malaysia Berhad (2488.KL) is listed on Bursa Malaysia (KLSE) and is NOT on the Securities Commission Malaysia's official Shariah-compliant list. Classified Shariah non-compliant — Conventional banking (riba).
Sector: Financial Services · Industry: Banks - Regional
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Conventional banking (riba)
Financial Ratio Screen
FailedFinancial ratios must be below AAOIFI thresholds
Financial Overview
Market Cap
8.1B
Price
$4.67
Sector
Financial Services
Industry
Banks - Regional
Halal Alternatives in Financial Services
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.