Rakuten Bank Ltd. engages in the internet banking business. The company is headquartered in Minato-Ku, Tokyo-To and currently employs 1,076 full-time employees. The company went IPO on 2023-04-21. The firm is an Internet bank that provides banking services over the Internet without physical branches. The firm utilizes the Internet to provide services to both individual and corporate customers. In the individual business, the Company provides services related to personal life, including receipt of salary and bonuses; account transfers for utility bills such as electricity, gas, and water; cell phone bills; credit card usage fees, and repayment of loans; transfers to make various payments; money transfers; overseas remittances; and asset management. In the corporate business, the Company uses technology to provide banking services, including loans, deposits, and foreign exchange, tailored to customer needs. The company also operates businesses related to the trust business and other businesses.
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As of August 2026, Rakuten Bank Ltd RKTNF is classified as not covered 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 Rakuten Bank Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Rakuten 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 Rakuten 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 Rakuten 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 Rakuten Bank Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.