Is Bank of India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Bank of India Ltd (BANKINDIA.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Bank of India 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 India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bank of India Ltd?

Muslim investors may consider investing in Bank of India 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 India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Bank of India 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 India Ltd updated?

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

Can a halal stock like Bank of India 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 India Ltd?

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

BANKINDIA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 13, 2026

Report Source: 2026 3rd Quarter Report

Bank of India Ltd. Stock Analysis BANKINDIA.NS

India Financials Mid Cap Report: Q3, 2026

Bank of India engages in the provision of commercial and retail banking services. The Bank's segments include treasury, wholesale banking and retail banking. The treasury segment includes investment portfolio that comprises dealing in government and other securities, money market operations and forex operations, including derivative contracts. The wholesale banking segment includes all lending activities which are not included under retail banking. The retail banking segment comprises of digital banking and other retail banking. The Bank's products include personal and business. The Bank offers various accounts, such as saving accounts, salary accounts, current account and Rera plus account. The Bank offers various loans, such as personal loan, vehicle loan, education loan and star reverse mortgage loan. The Bank provides corporates with credit, trade finance and cash management services. The Bank has approximately 5427 branches.

Key Statistics of Bank of India Ltd (BANKINDIA.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹142.00₹146.09

Today's Open

₹144.99

Volume

8.54M

P/E Ratio (TTM)

6.87

52 Week Range

₹108.81₹178.36

Market Cap

631.46B

Avg. Volume

11.72M

Dividend Yield

2.81%

Financial Metrics & Statements of Bank of India Ltd (BANKINDIA.NS)

FAQ's for Bank of India Ltd (BANKINDIA.NS)

According to Musaffa’s Shariah screening methodology, Bank of India Ltd (BANKINDIA.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.