What is Banco de Chile's Shariah compliance score?

Banco de Chile's (BCH) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Banco de Chile pass AAOIFI screening?

Banco de Chile (BCH) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BCH: 67182.2%), (3) interest-bearing deposits below 30% (BCH: 32130.2%), and (4) prohibited income below 5% (BCH: 89.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Banco de Chile stock?

Banco de Chile (BCH) has a non-permissible income ratio of 89.75%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BCH shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Banco de Chile for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Banco de Chile (BCH) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BCH's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BCH: Is Banco de Chile Halal?

Banco de Chile

NYSEFinancial ServicesCL

$39.92

-2.32%

Market Cap: 20.2B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Banco de Chile (BCH) halal? Not Halal. Based on AAOIFI screening, Banco de Chile has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

67182.2% of 30.0% limit

What this means for you

Most scholars advise not holding BCH

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Banco de Chile

Operating across Chile, Banco de Chile (BCH) and its subsidiaries offer a wide array of banking and financial products and services to customers throughout the country. The company's operations are structured into three primary divisions: Retail Banking, Wholesale Banking, and Treasury and Money Market segments. Its product portfolio includes various deposit accounts such as checking, current, demand, savings, and time deposits. Banco de Chile also extends a range of loan products, including commercial, mortgage, consumer, working capital, syndicated, and installment loans, alongside providing credit card services. Beyond these core offerings, the bank delivers leasing, factoring, and foreign trade support, as well as international and treasury banking solutions, and financial advisory services. Furthermore, it assists clients with liquidity management, offers debt instruments, and deals in derivative contracts and leases. The institution is also involved in financial transaction and currency trading services, securities brokerage, mutual funds management, and investment banking and management for wholesale clients, in addition to insurance brokerage. As of December 31, 2021, Banco de Chile operated an extensive physical network comprising 272 branches and 1,761 automated teller machines (ATMs). The bank serves a broad spectrum of clients, from individual consumers and small and medium-sized enterprises (SMEs) to corporate entities and large companies. Founded in 1893, Banco de Chile's headquarters are located in Santiago, Chile.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Banco de Chile (BCH) halal to invest in?

Banco de Chile (BCH) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Banco de Chile get a F compliance rating?

Banco de Chile (BCH) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 67182.2% (limit 30%); interest-bearing deposits of 32130.2% (limit 30%); prohibited income of 89.75% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Banco de Chile's Shariah verdict?

Banco de Chile's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Banco de Chile re-screened for Shariah compliance?

Banco de Chile (BCH) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.