Is National Bank of Canada halal to invest in?

According to Musaffa's Shariah screening methodology, National Bank of Canada (NA.TO) is currently classified as NOT HALAL as of March 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 National Bank of Canada 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 National Bank of Canada using these criteria to determine its compliance status.

Can Muslims buy shares of National Bank of Canada?

Muslim investors may consider investing in National Bank of Canada 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 National Bank of Canada classified as NOT HALAL?

Musaffa determines the Shariah status of National Bank of Canada 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 National Bank of Canada updated?

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

Can a halal stock like National Bank of Canada 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 National Bank of Canada?

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

NA.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 30, 2026

Report Source: 2026 1st Quarter Report

National Bank of Canada. Stock Analysis NA.TO

Canada Financials Large Cap Report: Q1, 2026

National Bank of Canada engages in the provision of commercial banking and financial services. The company is headquartered in Montreal, Quebec and currently employs 33,527 full-time employees. The Bank operates through segments: Personal and Commercial Banking, Wealth Management, Financial Markets, and U.S. Specialty Finance and International (USSF&I). Its Personal and Commercial Banking segment includes banking, financing, and investing services offered to individuals, advisors, and businesses, as well as insurance operations. Its Wealth Management segment includes investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. Its Financial Markets segment includes corporate banking, investment banking, and financial solutions for large and mid-size corporations, public sector organizations, and institutional investors. Its USSF&I segment includes specialty finance services and financial products and services provided through its subsidiaries, Credigy Ltd. and Advanced Bank of Asia Limited.

Key Statistics of National Bank of Canada (NA.TO)

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

Today's Range

CAD203.17CAD205.23

Today's Open

CAD204.04

Volume

1.36M

P/E Ratio (TTM)

19.77

52 Week Range

CAD120.34CAD209.89

Market Cap

78.55B

Avg. Volume

1.06M

Dividend Yield

2.57%

Financial Metrics & Statements of National Bank of Canada (NA.TO)

FAQ's for National Bank of Canada (NA.TO)

According to Musaffa’s Shariah screening methodology, National Bank of Canada (NA.TO) is currently classified as NOT HALAL as of March 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.