Is National Bank of Kuwait (NBK) Halal?

KUW Financial Services Kuwait $7.9B
✗ NOT HALAL
Confidence: 95/100
National Bank of Kuwait (NBK) 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
15.2
Forward: 15.2
EPS
$0.06
Dividend Yield
384.0%
Payout: 39.1%
P/B Ratio
1738.0
Revenue
$1.3B
Growth: -4.5%
Beta
0.1
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 51.8%
Net Margin 46.6%
Return on Equity (ROE) 11.4%
Return on Assets (ROA) 1.4%

Cash Flow & Balance Sheet

Operating Cash Flow$1.1B
Free Cash Flow$1.0B
Total Debt$3.7B
Total Assets$45.6B

Price & Trading

Last CloseKWF 911.00
50-Day MAKWF 954.28
200-Day MAKWF 1,009.39
Avg Volume6.1M
Beta0.1
52-Week Range
KWF 870.00
KWF 1,116.00

About National Bank of Kuwait (NBK)

CEO
Mr. Isam Jasem A. Al-Sager
Sector
Financial Services
Industry
Banks - Regional
Country
Kuwait
Exchange
KUW
Market Cap
$7.9B
Currency
KWF

National Bank of Kuwait S.A.K.P., together with its subsidiaries, provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally. It operates through six segments: Consumer Banking, Corporate Banking, NBK Wealth, Islamic Banking, Group Center, and International Banking. The company offers consumer loans, credit cards, trade finance, deposits, foreign exchange and advisory, and other related services. It also provides a full range of asset management, custody, brokerage, lending, and other customized and banking services to high-net-worth individuals and institutional clients. In addition, the company offers Islamic banking products and services; investment products; and treasury services and products. National Bank of Kuwait S.A.K.P. was incorporated in 1952 and is headquartered in Kuwait City, Kuwait.

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Frequently Asked Questions

Is National Bank of Kuwait (NBK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), National Bank of Kuwait 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 Bank of Kuwait's debt ratio?

National Bank of Kuwait'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 Bank of Kuwait's key financial metrics?

National Bank of Kuwait has a market capitalization of $7.9B, trailing P/E ratio of 15.2, and revenue of $1.3B. Return on equity stands at 11.4%.

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.