What is Canadian Imperial Bank of Commerce's Shariah compliance score?

Canadian Imperial Bank of Commerce's (CM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Canadian Imperial Bank of Commerce pass AAOIFI screening?

Canadian Imperial Bank of Commerce (CM) 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% (CM: 317.2%), (3) interest-bearing deposits below 30% (CM: 82.7%), and (4) prohibited income below 5% (CM: 78.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Canadian Imperial Bank of Commerce stock?

Canadian Imperial Bank of Commerce (CM) has a non-permissible income ratio of 78.64%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CM 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 Canadian Imperial Bank of Commerce for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Canadian Imperial Bank of Commerce (CM) 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 CM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CM: Is Canadian Imperial Bank of Commerce Halal?

Canadian Imperial Bank of Commerce

NYSEFinancial ServicesCA

$113.90

-1.87%

Market Cap: 105.5B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Canadian Imperial Bank of Commerce (CM) halal? Not Halal. Based on AAOIFI screening, Canadian Imperial Bank of Commerce 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%.

317.2% of 30.0% limit

What this means for you

Most scholars advise not holding CM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce (CIBC) operates as a broad-based financial services provider, extending a wide array of financial offerings and solutions. Its diverse clientele includes individuals, corporations, government entities, and large institutional clients across Canada, the United States, and globally. The bank's operations are structured into four key divisions: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. CIBC's product portfolio encompasses checking, savings, and business accounts; mortgage financing; various lending products like general loans, lines of credit, student lines of credit, and specialized business and agricultural loans; investment and insurance services; credit cards; and overdraft protection. Additionally, it delivers everyday banking, credit and borrowing facilities, specialized financial expertise, wealth management and investment advice, and international services. These also include correspondent banking, digital foreign exchange, and comprehensive cash management solutions. Established in 1867, CIBC's main corporate office is located in Toronto, Canada.

Sector: Financial Services · Industry: Banks - Diversified

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 - Diversified

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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BAC

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WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Canadian Imperial Bank of Commerce (CM) halal to invest in?

Canadian Imperial Bank of Commerce (CM) 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 Canadian Imperial Bank of Commerce get a F compliance rating?

Canadian Imperial Bank of Commerce (CM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 317.2% (limit 30%); interest-bearing deposits of 82.7% (limit 30%); prohibited income of 78.64% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Canadian Imperial Bank of Commerce's Shariah verdict?

Canadian Imperial Bank of Commerce'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 Canadian Imperial Bank of Commerce re-screened for Shariah compliance?

Canadian Imperial Bank of Commerce (CM) 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.