Is Indian Overseas Bank halal to invest in?

According to Musaffa's Shariah screening methodology, Indian Overseas Bank (IOB.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 Indian Overseas Bank 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 Indian Overseas Bank using these criteria to determine its compliance status.

Can Muslims buy shares of Indian Overseas Bank?

Muslim investors may consider investing in Indian Overseas Bank 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 Indian Overseas Bank classified as NOT HALAL?

Musaffa determines the Shariah status of Indian Overseas Bank 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 Indian Overseas Bank updated?

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

Can a halal stock like Indian Overseas Bank 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 Indian Overseas Bank?

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

IOB.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 13, 2026

Report Source: 2026 3rd Quarter Report

Indian Overseas Bank. Stock Analysis IOB.NS

India Financials Mid Cap Report: Q3, 2026

Indian Overseas Bank engages in the provision of commercial banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers a comprehensive suite of financial products and services across retail, agriculture, Micro, Small and Medium Enterprises (MSME), and corporate banking. The Bank caters to credit and deposit needs through a portfolio that includes housing loans, jewel loans, business finance, agri-credit, and Environmental, Social, and Governance (ESG)-linked products. Its personal banking services include savings bank, current accounts, term deposits, retail loans, and mortgages and digital banking. Its merchant banking division includes debenture trustee, banker to issue and others. Its digital banking services include Credit Card, Debit Card, Internet Banking, IOB Fastag, and IOB-Pay, among others. The company operates overseas branches in Singapore, Colombo, Hong Kong, and Bangkok.

Key Statistics of Indian Overseas Bank (IOB.NS)

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

Today's Range

₹33.71₹33.94

Today's Open

₹33.82

Volume

1.42M

P/E Ratio (TTM)

12.02

52 Week Range

₹31.20₹42.80

Market Cap

671.48B

Avg. Volume

4.89M

Dividend Yield

Financial Metrics & Statements of Indian Overseas Bank (IOB.NS)

FAQ's for Indian Overseas Bank (IOB.NS)

According to Musaffa’s Shariah screening methodology, Indian Overseas Bank (IOB.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.