Is Akbank (AKBNK) Halal?

IST Financial Services Turkey $347.9B
✗ NOT HALAL
Confidence: 95/100
Akbank (AKBNK) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional 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 2025

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

Financial Highlights

P/E Ratio
6.1
Forward: 3.8
EPS
$11.01
Dividend Yield
329.0%
Payout: 11.1%
P/B Ratio
1.1
Revenue
$230.1B
Growth: 63.2%
Beta
0.6
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 47.6%
Net Margin 30.1%
Return on Equity (ROE) 20.8%
Return on Assets (ROA) 1.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$17.6B
Free Cash Flow-$31.3B
Total Debt$480.1B
Total Assets$3.6T

Price & Trading

Last CloseTRY 67.25
50-Day MATRY 81.48
200-Day MATRY 69.21
Avg Volume108.7M
Beta0.6
52-Week Range
TRY 47.88
TRY 93.50

About Akbank (AKBNK)

CEO
Mr. Cenk Kaan Gur
Employees
13,288
Sector
Financial Services
Industry
Banks - Regional
Country
Turkey
Exchange
IST
Market Cap
$347.9B
Currency
TRY

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking services. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and working capital management, delivering cash management services based on customers' requests, such as collection and payment, and liquidity and information management services. In addition, the company engages in TL and foreign currency spot, and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related to treasury products. Further, it provides foreign exchange, and TL clearing; financial leasing, investment and pension funds management, portfolio management, and payment services as well as issues electronic money. Akbank T.A.S. was incorporated in 1948 and is headquartered in Istanbul, Turkey.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is Akbank (AKBNK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Akbank 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 Akbank's debt ratio?

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

What are Akbank's key financial metrics?

Akbank has a market capitalization of $347.9B, trailing P/E ratio of 6.1, and revenue of $230.1B. Return on equity stands at 20.8%.

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.