Is TORONTO DOMINION BANK (TD) Halal?

NYSE Financial Services Canada $153.2B
✗ NOT HALAL
Confidence: 95/100
TORONTO DOMINION BANK (TD) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Diversified 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 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

P/E Ratio
10.2
Forward: 12.3
EPS
$8.94
Dividend Yield
345.0%
Payout: 34.2%
P/B Ratio
1.7
Revenue
$61.3B
Growth: 21.1%
Beta
0.9
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 35.9%
Net Margin 33.0%
Return on Equity (ROE) 17.8%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$69.6B
Free Cash Flow-$71.8B
Total Debt$442.4B
Total Assets$2.1T

Price & Trading

Last Close$92.84
50-Day MA$95.34
200-Day MA$83.77
Avg Volume2.4M
Beta0.9
52-Week Range
$54.87
$99.84

About TORONTO DOMINION BANK (TD)

CEO
Mr. Raymond Chun
Employees
104,841
Website
Sector
Financial Services
Industry
Banks - Diversified
Country
Canada
Exchange
NYSE
Market Cap
$153.2B
Currency
USD

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking; U.S. Retail; Wealth Management and Insurance; and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

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Frequently Asked Questions

Is TORONTO DOMINION BANK (TD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TORONTO DOMINION 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 TORONTO DOMINION BANK's debt ratio?

TORONTO DOMINION 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 TORONTO DOMINION BANK's key financial metrics?

TORONTO DOMINION BANK has a market capitalization of $153.2B, trailing P/E ratio of 10.2, and revenue of $61.3B. Return on equity stands at 17.8%.

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.