Bladex, Inc.

BLX: Is Bladex, Inc. Halal?

Bladex, Inc.

NYSEFinancial ServicesPA

$53.65

+0.41%

Market Cap: 1.5B

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Bladex, Inc. (BLX) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/BLX

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%.

262.5% of 30.0% limit

What this means for you

Most scholars advise not holding BLX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Bladex, Inc.

Bladex, Inc. (formerly Banco Latinoamericano de Comercio Exterior, S.A.), a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean. It operates through two segments, Commercial and Treasury. The company accepts deposits. It also offers products and services, such as origination of bilateral short- and medium-term loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, including issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk, and other assets of customers’ liabilities under acceptances; and co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 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:

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Frequently Asked Questions

Is Bladex, Inc. (BLX) halal to invest in?
Bladex, Inc. (BLX) 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 Bladex, Inc. get a F compliance rating?
Bladex, Inc. (BLX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 262.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Bladex, Inc.'s Shariah verdict?
Bladex, Inc.'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 Bladex, Inc. re-screened for Shariah compliance?
Bladex, Inc. (BLX) 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: Sep 2, 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.