Is FOREIGN TRADE BANK OF LATIN AMERICA, INC. (BLX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 68.3% | |
| Net Margin | 71.5% | |
| Return on Equity (ROE) | 15.0% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$123M |
| Free Cash Flow | -$127M |
| Total Debt | $4.4B |
| Total Assets | $11.9B |
Price & Trading
| Last Close | $50.14 |
| 50-Day MA | $48.85 |
| 200-Day MA | $45.30 |
| Avg Volume | 154K |
| Beta | 0.8 |
|
52-Week Range
$31.14
| |
About FOREIGN TRADE BANK OF LATIN AMERICA, INC. (BLX)
Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean. It operates through two segments, Commercial and Treasury. The company accepts deposits. It also offers products and services, such as origination of bilateral short- and medium-term loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, including issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk, and other assets of customers' liabilities under acceptances; and co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. In addition, the company is involved in investment management activities, including securities at fair value through other comprehensive income and amortized cost. It serves financial institutions, corporations, sovereigns, and state-owned entities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009. Banco Latinoamericano de Comercio Exterior, S. A. was founded in 1975 and is headquartered in Panama City, the Republic of Panama.
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Frequently Asked Questions
Is FOREIGN TRADE BANK OF LATIN AMERICA, INC. (BLX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FOREIGN TRADE BANK OF LATIN AMERICA, INC. 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 FOREIGN TRADE BANK OF LATIN AMERICA, INC.'s debt ratio?
FOREIGN TRADE BANK OF LATIN AMERICA, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are FOREIGN TRADE BANK OF LATIN AMERICA, INC.'s key financial metrics?
FOREIGN TRADE BANK OF LATIN AMERICA, INC. has a market capitalization of $1.8B, trailing P/E ratio of 8.1, and revenue of $285M. Return on equity stands at 15.0%.
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.