As of August 2026, ICICI Bank Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
ICICI Bank Ltd. Stock Analysis IBN
United States Financials Large Cap
ICICI Bank Ltd. engages in the provision of banking and financial services, which includes retail banking, corporate banking, and treasury operations. The company is headquartered in Mumbai, Maharashtra. The firm offers life and general insurance, asset management, securities broking and private equity products and services through specialized subsidiaries. Its segments include Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others. Its commercial banking operations for retail customers consist of retail lending, deposit taking, distribution of insurance and investment products and other fee-based products and services. The company provides a range of commercial banking products and services, including loan products, fee and commission-based products and services, deposit products and foreign exchange and derivatives products to large corporations, middle market companies and small and medium enterprises. The company offers agricultural and rural banking products.
ICICI Bank Ltd (IBN) Chart
Financial Metrics & Statements of ICICI Bank Ltd (IBN)
FAQ's for ICICI Bank Ltd (IBN)
As of August 2026, ICICI Bank Ltd IBN 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.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes ICICI Bank Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in ICICI Bank 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.
Musaffa determines the Shariah status of ICICI Bank Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of ICICI Bank Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of ICICI Bank Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.