Is WELLS FARGO & COMPANY/MN (WFC-PY) Halal?

NYSE Financial Services United States $191.3B
✗ NOT HALAL
Confidence: 95/100
WELLS FARGO & COMPANY/MN (WFC-PY) 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 December 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
4.8
EPS
$4.83
Dividend Yield
600.0%
P/B Ratio
0.4
Revenue
$83.7B
Growth: 5.0%
Beta
1.1
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 29.9%
Net Margin 26.7%
Return on Equity (ROE) 11.7%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$19.0B
Free Cash Flow-$19.0B
Total Debt$193.0B
Total Assets$2.1T

Price & Trading

Last Close$23.56
50-Day MA$24.34
200-Day MA$24.27
Avg Volume39K
Beta1.1
52-Week Range
$21.92
$25.08

About WELLS FARGO & COMPANY/MN (WFC-PY)

CEO
Mr. Charles W. Scharf
Employees
205,000
Sector
Financial Services
Industry
Banks - Diversified
Country
United States
Exchange
NYSE
Market Cap
$191.3B
Currency
USD

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The company's financial products and services includes checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. It also provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services; and financial solutions to private, family owned and public companies through products and services including banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. In addition, it offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

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Frequently Asked Questions

Is WELLS FARGO & COMPANY/MN (WFC-PY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WELLS FARGO & COMPANY/MN 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 WELLS FARGO & COMPANY/MN's debt ratio?

WELLS FARGO & COMPANY/MN's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are WELLS FARGO & COMPANY/MN's key financial metrics?

WELLS FARGO & COMPANY/MN has a market capitalization of $191.3B, trailing P/E ratio of 4.8, and revenue of $83.7B. Return on equity stands at 11.7%.

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.