Is National Australia Bank (NAB) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 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
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 53.7% | |
| Net Margin | 34.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$35.8B |
| Free Cash Flow | -$37.2B |
| Total Debt | $214.3B |
| Total Assets | $1.1T |
Price & Trading
| Last Close | AUD 42.56 |
| 50-Day MA | AUD 45.29 |
| 200-Day MA | AUD 42.46 |
| Avg Volume | 4.1M |
| Beta | 0.7 |
|
52-Week Range
AUD 31.13
| |
About National Australia Bank (NAB)
National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments. It accepts transaction accounts, savings accounts, debit cards, and term deposits; and specialized accounts, such as foreign currency, business interest, cash maximiser, farm management, community free saver, statutory trust, and project bank accounts, as well as farm management deposits. In addition, the company provides home loans, personal loans, and business loans; vehicle and equipment finance; and trade and invoice finance, as well as business overdrafts and bank guarantees. Further, it offers insurance products consisting of home and content, landlord, travel, car, caravan and trailer, life, and business insurance products; and self-managed super funds, cash management, and financial advice services. Additionally, the company provides investment products; credit, debit, and business cards; payments and merchant services; online and internet banking services; small business services; international and foreign exchange solutions; and industry-specific banking services. The company was founded in 1834 and is based in Melbourne, Australia.
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Frequently Asked Questions
Is National Australia Bank (NAB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), National Australia Bank 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 National Australia Bank's debt ratio?
National Australia Bank's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are National Australia Bank's key financial metrics?
National Australia Bank has a market capitalization of $128.3B, trailing P/E ratio of 19.0, and revenue of $20.6B.
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.