Is Vakifbank (VAKBN) Halal?
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
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 53.1% | |
| Net Margin | 33.2% | |
| Return on Equity (ROE) | 27.8% | |
| Return on Assets (ROA) | 1.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$91.8B |
| Free Cash Flow | -$116.0B |
| Total Debt | $905.1B |
| Total Assets | $5.5T |
Price & Trading
| Last Close | TRY 31.30 |
| 50-Day MA | TRY 36.27 |
| 200-Day MA | TRY 29.74 |
| Avg Volume | 41.8M |
| Beta | 0.1 |
|
52-Week Range
TRY 19.92
| |
About Vakifbank (VAKBN)
Türkiye Vakiflar Bankasi Türk Anonim Ortakligi, together with its subsidiaries, provides corporate, commercial, SME, agricultural, and modern banking products and services in Turkey and internationally. It offers time, demand, and term deposits accounts; mortgage, car, personal, and private banking yacht loans; housing, comprehensive, motor, compulsory traffic, travel and complementary health, and compulsory earthquake insurance; and individual pension contract, private pension agreement, and life insurance products. The company also provides investment products, such as investment funds, Government Bonds and treasury bills, eurobond, bank bonds, gold trading, VakifBank Gold, stocks, VIOP, safe deposit boxes, options, dual currency deposit, contingent option, currency swap, and forward agreements. In addition, it offers export / import transactions, foreign currency transfer, Eximbank Loans, and foreign trade solutions; money transfer services; and factoring and leasing services, as well as digital banking services. The company was incorporated in 1954 and is headquartered in Istanbul, Turkey.
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Frequently Asked Questions
Is Vakifbank (VAKBN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Vakifbank 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 Vakifbank's debt ratio?
Vakifbank's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Vakifbank's key financial metrics?
Vakifbank has a market capitalization of $307.8B, trailing P/E ratio of 3.8, and revenue of $250.8B. Return on equity stands at 27.8%.
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.