Is Bank of Comm (3328) Halal?

HKSE Financial Services China $688.0B
✗ NOT HALAL
Confidence: 95/100
Bank of Comm (3328) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Diversified industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Diversified ✗ NOT HALAL
DJIM Excluded — Banks - Diversified ✗ NOT HALAL
MSCI Excluded — Banks - Diversified ✗ NOT HALAL
S&P Excluded — Banks - Diversified ✗ NOT HALAL
FTSE Excluded — Banks - Diversified ✗ NOT HALAL

Financial Highlights

P/E Ratio
5.5
Forward: 5.6
EPS
$1.27
Dividend Yield
556.0%
Payout: 34.0%
P/B Ratio
0.5
Revenue
$258.4B
Growth: -3.8%
Beta
0.1
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 54.6%
Net Margin 45.4%
Return on Equity (ROE) 7.9%
Return on Assets (ROA) 0.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$57.3B
Free Cash Flow-$99.5B
Total Debt$1.2T
Total Assets$14.9T

Price & Trading

Last CloseHKD 6.93
50-Day MAHKD 6.82
200-Day MAHKD 6.91
Avg Volume21.7M
Beta0.1
52-Week Range
HKD 6.28
HKD 7.62

About Bank of Comm (3328)

CEO
Mr. Deqi Ren
Employees
97,932
Sector
Financial Services
Industry
Banks - Diversified
Country
China
Exchange
HKSE
Market Cap
$688.0B
Currency
HKD

Bank of Communications Co., Ltd. provides commercial banking products and services in China and internationally. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing; and foreign currency deposit. It also provides credit, quasi-credit, and debit cards; new housing and second-hand mortgage loans and unsecured personal loans; personal wealth management advisor services; and precious metal and commodity trading services. In addition, the company offers corporate structured deposit and corporate certificate of deposit; corporate cash management; industrial chain finance program comprising prepayment financing, inventory financing, accounts receivable financing and accounts payable financing; syndicated loans; corporation overdraft; investment banking services; and offshore banking services, such as repayment financing, inventory financing, accounts receivable financing and accounts payable financing, and forex currencies. Further, the company provides bond account activation, bond distribution, and transaction services; related bond escrow and settlement, pledge registration, and principal and interest payment services; training and consulting services for cooperative banks; cross-border inter-bank payments system services; consignment sales of precious metal products; bond underwriting distribution; third party bond depository services; bank derivatives transfer; b-share transfer; bankfutures transfer; standard warehouse warrant pledged financing; institutional investment consulting, wealth management, and insurance services; and clearing and settlement services for future markets. The company was founded in 1908 and is headquartered in Shanghai, the People's Republic of China.

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Frequently Asked Questions

Is Bank of Comm (3328) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bank of Comm is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Bank of Comm's debt ratio?

Bank of Comm's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Bank of Comm's key financial metrics?

Bank of Comm has a market capitalization of $688.0B, trailing P/E ratio of 5.5, and revenue of $258.4B. Return on equity stands at 7.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.