DBNot HalalF
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Compliance Status

Not Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates Deutsche Bank AG (DB) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/DB

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%.

238.1% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding DB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Deutsche Bank AG

DB: Is Deutsche Bank AG Halal?

Deutsche Bank AG

NYSEFinancial ServicesDE

$32.57

-0.88%

Market Cap: 61.2B

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About Deutsche Bank AG

Deutsche Bank AG operates as a global financial institution, delivering a wide spectrum of investment, financial, and related services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank division offers key services including cash management, trade finance and lending, trust and agency functions, foreign exchange, and securities services, alongside specialized risk management solutions. The company's Investment Bank segment provides expert merger and acquisition (M&A) and equity advisory services. This unit also engages in financing, general advisory, fixed income products, advanced risk management, sales and trading operations, and currency-related activities. For its Private Bank segment, the bank supplies payment and account services, various credit and deposit products, and personalized investment advice, notably featuring environmental, social, and governance (ESG) products. This segment further extends its offerings to wealth management, postal and parcel services, and a range of digital solutions. Deutsche Bank's Asset Management segment develops comprehensive investment solutions. These include alternative investments such as real estate, infrastructure, private equity, liquid real assets, and sustainable investments, as well as passive investment strategies. Additionally, this division provides services like insurance and pension solutions, asset liability management, portfolio management, asset allocation advisory, structuring, and overlay strategies to institutions, governments, corporations, foundations, and individual investors. As of December 31, 2021, the company maintained a substantial operational footprint with 1,709 branches across 58 countries. Deutsche Bank was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

Sector: Financial Services · Industry: Banks - Regional

Why this does not pass

  • Business activity: the company earns from an activity AAOIFI treats as prohibited.
  • Interest-bearing debt is 238.1% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.
  • Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 18, 2026

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Business Activity Screen

Failed

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

  • Prohibited industry: Banks - Regional
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

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: Q2 2026Data source: FMP

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is Deutsche Bank AG (DB) halal to invest in?
Deutsche Bank AG (DB) 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 Deutsche Bank AG get a F compliance rating?
Deutsche Bank AG (DB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 238.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Deutsche Bank AG's Shariah verdict?
Deutsche Bank AG'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 Deutsche Bank AG re-screened for Shariah compliance?
Deutsche Bank AG (DB) 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: Oct 18, 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.