Is National Bank of Ras Al Khaimah PSC halal to invest in?

According to Musaffa's Shariah screening methodology, National Bank of Ras Al Khaimah PSC (RAKBANK.AD) is currently classified as NOT HALAL as of April 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 Ras Al Khaimah PSC 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 Ras Al Khaimah PSC using these criteria to determine its compliance status.

Can Muslims buy shares of National Bank of Ras Al Khaimah PSC?

Muslim investors may consider investing in National Bank of Ras Al Khaimah PSC 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 Ras Al Khaimah PSC classified as NOT HALAL?

Musaffa determines the Shariah status of National Bank of Ras Al Khaimah PSC 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 Ras Al Khaimah PSC updated?

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

Can a halal stock like National Bank of Ras Al Khaimah PSC 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 Ras Al Khaimah PSC?

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

RAKBANK.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 01, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for National Bank of Ras Al Khaimah PSC (RAKBANK.AD)

Based on 9 analysts giving stock ratings to National Bank of Ras Al Khaimah PSC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

National Bank of Ras Al Khaimah PSC. Stock Analysis RAKBANK.AD

United Arab Emirates Financials Mid Cap Report: 2025 Annual

National Bank of Ras Al Khaimah engages in the provision of retail and commercial banking, and treasury services. The company is headquartered in Ras Al Khaimah City, Ras Al-Khaimah. The company went IPO on 2005-08-14. The company offers retail, commercial, Islamic banking and treasury services. The company operates in following segments: Retail banking, which offers current accounts, savings accounts, deposits, credit and debit cards, individual customer loans and mortgages; Wholesale banking, which includes transactions with corporate bodies and loans, advances, deposits and trade finance transactions of corporate customers and financial institutions, among others; Business banking, which comprises of loans, advances, deposits and trade finance transactions of small and medium-sized enterprise (SME); and Head Office and Others, which comprises central funding and other support functions including insurance related transactions of Raknic subsidiary. Its subsidiaries include Ras Al Khaimah National Insurance Company PSC, RAK Technologies FZCO, and Rakfunding Cayman Limited and It also operates through approximately 9 branches.

Key Statistics of National Bank of Ras Al Khaimah PSC (RAKBANK.AD)

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

Today's Range

AED8.10AED8.32

Today's Open

AED8.30

Volume

480.37K

P/E Ratio (TTM)

6.38

52 Week Range

AED6.21AED10.10

Market Cap

17.00B

Avg. Volume

150.15K

Dividend Yield

13.70%

Financial Metrics & Statements of National Bank of Ras Al Khaimah PSC (RAKBANK.AD)

FAQ's for National Bank of Ras Al Khaimah PSC (RAKBANK.AD)

According to Musaffa’s Shariah screening methodology, National Bank of Ras Al Khaimah PSC (RAKBANK.AD) is currently classified as NOT HALAL as of April 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.