Is South Indian Bank Ltd halal to invest in?

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

Can Muslims buy shares of South Indian Bank Ltd?

Muslim investors may consider investing in South Indian 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.

Why is South Indian Bank Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of South Indian Bank Ltd 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 South Indian Bank Ltd updated?

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

Can a halal stock like South Indian Bank Ltd 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 South Indian Bank Ltd?

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

SOUTHBANK.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 18, 2026

Report Source: 2026 3rd Quarter Report

South Indian Bank Ltd. Stock Analysis SOUTHBANK.NS

India Financials Small Cap Report: Q3, 2026

South Indian Bank Ltd. engages in the provision of commercial banking services. The company is headquartered in Thrichur, Kerala and currently employs 9,355 full-time employees. The Bank operates in four segments: Treasury segment, which consists of interest earnings in the investment portfolio of the Bank, gains or losses on investment operations and earnings from foreign exchange business; Corporate/ Wholesale Banking segment, which provides loans to corporate segments; Retail Banking, which provides loans to non-corporate customers; Other Banking Operations includes income from para banking activities such as debit cards and third party product distribution. The Bank also offers digital banking services such as SIBerNET (Internet banking) and the SIB Mirror+ mobile application. The company provides financial solutions, including deposit schemes, insurance, mutual funds, dematerialization and trading services, pension plans, and loans against securities. The Bank has invested in its subsidiary, SIB Operations and Services Limited. The company operates approximately 955 branches across India.

Key Statistics of South Indian Bank Ltd (SOUTHBANK.NS)

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

Today's Range

₹38.54₹39.22

Today's Open

₹38.99

Volume

8.09M

P/E Ratio (TTM)

7.69

52 Week Range

₹25.00₹46.84

Market Cap

107.53B

Avg. Volume

15.66M

Dividend Yield

1.04%

Financial Metrics & Statements of South Indian Bank Ltd (SOUTHBANK.NS)

FAQ's for South Indian Bank Ltd (SOUTHBANK.NS)

According to Musaffa’s Shariah screening methodology, South Indian Bank Ltd (SOUTHBANK.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.