Is ROYAL BANK OF CANADA (RY) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| 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 | 46.2% | |
| Net Margin | 33.1% | |
| Return on Equity (ROE) | 15.4% | |
| Return on Assets (ROA) | 0.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $55.2B |
| Free Cash Flow | $53.0B |
| Total Debt | $545.4B |
| Total Assets | $2.3T |
Price & Trading
| Last Close | $160.19 |
| 50-Day MA | $167.13 |
| 200-Day MA | $151.04 |
| Avg Volume | 1.3M |
| Beta | 0.9 |
|
52-Week Range
$106.10
| |
About ROYAL BANK OF CANADA (RY)
Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is based in Toronto, Canada.
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Frequently Asked Questions
Is ROYAL BANK OF CANADA (RY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ROYAL BANK OF CANADA 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 ROYAL BANK OF CANADA's debt ratio?
ROYAL BANK OF CANADA's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are ROYAL BANK OF CANADA's key financial metrics?
ROYAL BANK OF CANADA has a market capitalization of $220.9B, trailing P/E ratio of 15.0, and revenue of $66.5B. Return on equity stands at 15.4%.
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.