Is C (Citigroup Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, C is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 4 of 4 compliance screens. Citigroup Inc.'s core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 349.88% exceeds the ≤33% threshold. Its interest income of 84.89% exceeds the ≤5% limit. Its cash & securities ratio of 330.15% exceeds the ≤33% threshold.

Citigroup Inc. is a global financial powerhouse, operating through two main segments: Global Consumer Banking and the Institutional Clients Group. It provides a vast array of services ranging from traditional retail banking and Citi -branded credit cards to complex corporate lending, investment banking, and treasury solutions for governments and large institutions. With a presence in nearly 100 countries, it remains one of the largest and most interconnected banking institutions in the world. For Muslim investors using HalalStocks.co.uk, Citigroup presents a clear case of non-compliance. The stock is classified as Not Halal (Haram) because it fails all four AAOIFI screening criteria. As a diversified bank, its entire operational foundation is built on the generation of interest income through loans and credit products, which is strictly prohibited in Islamic finance. Financially, the metrics reinforce this exclusion. The company's reliance on interest is overwhelming, with interest income making up 84.89% of its revenue—far exceeding the permissible 5% threshold for incidental non-compliant income. Furthermore, its leverage is extreme by Shariah standards; its interest-bearing debt is nearly 350 % of its market cap, well above the 33% limit, making it unsuitable for any Shariah-compliant portfolio . Citigroup Inc. operates in the Financial Services sector under the Banks - Diversified industry and is headquartered in New York City, NY, US. The company is led by CEO Jane Nind Fraser and employs approximately 229,000 people.

C was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. C passed 0 of these 4 screens.

C was last screened on 2026-02-25. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.