Is Central Bank of India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Central Bank of India Ltd (CENTRALBK.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 Central 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 Central Bank of India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Central Bank of India Ltd?

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

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

The Shariah compliance status of Central 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 Central 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 Central Bank of India Ltd?

You can check the latest Shariah compliance status of Central 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.

CENTRALBK.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 18, 2026

Report Source: 2026 3rd Quarter Report

Central Bank of India Ltd. Stock Analysis CENTRALBK.NS

India Financials Mid Cap Report: Q3, 2026

Central Bank of India engages in the provision of commercial banking products and services. The firm offers various banking services, including digital banking; deposits; retail loans; agriculture; services for micro, small and medium enterprises; corporate loans; services for non-resident Indians; services for pensioners. Its digital banking services include Internet banking, mobile banking, Cent M-Passbook, debit cards, credit cards, missed call facility, railways ticket booking, centpay, automated teller machine. Its deposits services include savings bank accounts, current accounts, time deposits, recurring deposit scheme, small saving scheme and interest rate on deposits. Its Retail Banking services include housing loans, vehicle loans, education loans, personal/gold loans, loans to senior citizens, and loan against property-personal needs. Its agriculture services include Central Kisan Credit Card, Cent Agri Gold Loan Scheme, Cent SHG Bank Linkage Scheme, CENT AGRI INFRA Scheme, and others.

Key Statistics of Central Bank of India Ltd (CENTRALBK.NS)

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

Today's Range

₹34.07₹34.98

Today's Open

₹34.79

Volume

3.29M

P/E Ratio (TTM)

6.92

52 Week Range

₹31.30₹41.20

Market Cap

321.87B

Avg. Volume

5.36M

Dividend Yield

2.28%

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

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

According to Musaffa’s Shariah screening methodology, Central Bank of India Ltd (CENTRALBK.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.