No. As of September 2026, Banco Macro SA (BMA.C.BA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Banco Macro SA does not pass Musaffa's business and financial screening criteria.
Banco Macro SA engages in the provision of financial and banking services. The company is headquartered in Buenos Aires, Buenos Aires. The company went IPO on 2006-03-24. Through other companies in the group, the Company also renders services as trustee agent and director and manager of mutual funds, as well as stock exchange services. The firm began the process of acquiring entities, assets and liabilities as part of the privatization of provincial banks and other banking institutions. The firm and Worldline Argentina SA entered into a joint venture agreement with Siemens Itron Business Servicies SA, to be jointly controlled by both companies, for the purpose of facilitating the development of a tax management data processing center, modernizing the existing tax collection systems and processes used by the Province of Salta, and managing and recovering municipal taxes and fees.
Banco Macro SA BMA.C.BA
BMA.C.BA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Banco Macro SA is classified as not halal.
Argentina Financials Mid Cap