Is Itau Unibanco Holding S.A. (ITUB) Halal?

NYSE Financial Services Brazil $86.7B
✗ NOT HALAL
Confidence: 95/100
Itau Unibanco Holding S.A. (ITUB) 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
10.4
Forward: 8.3
EPS
$0.76
Dividend Yield
133.0%
Payout: 76.1%
P/B Ratio
2.2
Revenue
$165.2B
Growth: 11.0%
Beta
0.2
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 37.3%
Net Margin 32.3%
Return on Equity (ROE) 21.0%
Return on Assets (ROA) 1.5%

Cash Flow & Balance Sheet

Operating Cash Flow$34.5B
Free Cash Flow$27.4B
Total Debt$563.7B
Total Assets$3.1T

Price & Trading

Last Close$7.96
50-Day MA$8.56
200-Day MA$7.28
Avg Volume26.5M
Beta0.2
52-Week Range
$4.97
$9.60

About Itau Unibanco Holding S.A. (ITUB)

CEO
Mr. Milton Maluhy Filho
Sector
Financial Services
Industry
Banks - Regional
Country
Brazil
Exchange
NYSE
Market Cap
$86.7B
Currency
USD

Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Business, Wholesale Business and Activities with the Market + Corporation. The company offers current accounts; funds management; payments and collections; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides non-life insurance products covering loss, damage, or liability for objects or people, as well as life insurance products covering death and personal accidents. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth institutional clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.

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Frequently Asked Questions

Is Itau Unibanco Holding S.A. (ITUB) halal to invest in?

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

Itau Unibanco Holding 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 Itau Unibanco Holding S.A.'s key financial metrics?

Itau Unibanco Holding S.A. has a market capitalization of $86.7B, trailing P/E ratio of 10.4, and revenue of $165.2B. Return on equity stands at 21.0%.

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.