Is Grupo Cibest S.A. (CIB) Halal?

NYSE Financial Services Colombia $18.2B
✗ NOT HALAL
Confidence: 95/100
Grupo Cibest S.A. (CIB) 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 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

P/E Ratio
9.1
Forward: 8.1
EPS
$7.66
Dividend Yield
704.0%
Payout: 54.4%
P/B Ratio
0.0
Beta
0.8
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 16.2%
Return on Equity (ROE) 16.2%
Return on Assets (ROA) 1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$435.9B
Free Cash Flow-$1.6T
Total Debt$28.9T
Total Assets$372.2T

Price & Trading

Last Close$70.76
50-Day MA$74.44
200-Day MA$59.17
Avg Volume486K
Beta0.8
52-Week Range
$35.44
$86.31

About Grupo Cibest S.A. (CIB)

CEO
Mr. Juan Carlos Mora Uribe
Employees
33,951
Sector
Financial Services
Industry
Banks - Regional
Country
Colombia
Exchange
NYSE
Market Cap
$18.2B
Currency
USD

Grupo Cibest S.A., together with its subsidiaries, provides various banking products and services in Colombia and internationally. It offers checking and savings accounts, money market accounts, time deposits, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, mortgage, credit cards, personal and vehicle loans, payroll loans, and overdrafts; factoring; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services comprising selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency and trade finance solutions; letters of credit and bills collection; bancassurance and insurance products; telephone and mobile phone banking services; and ATM network, online and computer banking services. Further, the company provides project and acquisition finance, loan syndication, corporate loans, debt and equity capital markets, principal investments, mergers and acquisition, hedging strategy advisories, restructurings, and structured financing; mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; credit cards; roadside and medical assistance services; and transportation, maintenance and remodeling, and outsourcing services, as well as provides technology services. The company was formerly known as Bancolombia S.A. and changed its name to Grupo Cibest S.A. in May 2025. The company was founded in 1875 and is headquartered in Medellín, Colombia.

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Frequently Asked Questions

Is Grupo Cibest S.A. (CIB) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Grupo Cibest S.A. 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 Grupo Cibest S.A.'s debt ratio?

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

What are Grupo Cibest S.A.'s key financial metrics?

Grupo Cibest S.A. has a market capitalization of $18.2B, trailing P/E ratio of 9.1. Return on equity stands at 16.2%.

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.