Is Bank of China Ltd halal to invest in?

As of October 2026, Bank of China Ltd 601988.SS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Bank of China Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Bank of China Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bank of China Ltd?

Muslim investors may consider investing in Bank of China Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Bank of China Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Bank of China Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Bank of China Ltd updated?

The Shariah compliance status of Bank of China Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Bank of China Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Bank of China Ltd?

You can check the latest Shariah compliance status of Bank of China Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Bank of China Ltd Stock Halal?

Shariah Compliance Analysis of 601988.SS Stock

China Financials Mega Cap

No. As of October 2026, Bank of China Ltd (601988.SS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Bank of China Ltd does not pass Musaffa's business and financial screening criteria.

Bank of China Ltd is a CN-based company operating in Banks industry. The company is headquartered in Beijing, Beijing and currently employs 313,746 full-time employees. The company went IPO on 2006-06-01. BANK OF CHINA LIMITED is a China-based commercial bank. The Bank is mainly engaged in the provision of banking and related financial services, including commercial banking business, investment banking business, insurance business, direct investments and investment management businesses, fund management business and aircraft leasing business, as well as others. The firm mainly provides loans to individual and corporate clients. The Bank mainly operates its businesses in China mainland, Hong Kong, Macau and Taiwan, as well as other countries.

Bank of China Ltd 601988.SS

Last Updated: Oct 09, 12:00 AM·SSE

601988.SS Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Bank of China Ltd is classified as not halal.

NOT HALAL