Is FITB (Fifth Third Bancorp) Halal or Haram?

Based on our AAOIFI-standard shariah screening, FITB is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 4 of 4 compliance screens. Fifth Third Bancorp's core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 41.29% exceeds the ≤33% threshold. Its interest income of 76.97% exceeds the ≤5% limit. Its cash & securities ratio of 63.64% exceeds the ≤33% threshold.

Fifth Third Bancorp is a major regional bank in the United States that provides a wide array of conventional financial services. Its core operations encompass commercial and branch banking, offering credit intermediation, interest-based lending, depository products, and capital markets services to businesses and individuals. For Muslim investors, FITB is classified as Not Halal (Haram) and should be strictly avoided. The stock fails all four AAOIFI screening criteria, meaning both its fundamental business activities and its financial structure are entirely incompatible with Islamic financial principles. From a halal investing perspective, the bank's financials present multiple insurmountable red flags. Most notably, 76.97% of its revenue is derived from interest income, far exceeding the 5% tolerance limit, while its debt-to-market cap ratio sits at an impermissible 41.3%. Additionally, its cash and securities ratio of 63.6% violates the 33% threshold for liquid interest-bearing assets. Because conventional banking relies intrinsically on riba (usury), there is unanimous scholarly consensus that institutions like Fifth Third Bancorp are non-compliant. Islamic investors must look toward alternative sectors or specifically structured Islamic financial institutions for permissible portfolio growth. Fifth Third Bancorp operates in the Financial Services sector under the Banks - Regional industry and is headquartered in Cincinnati, OH, US. The company is led by CEO Timothy N. Spence and employs approximately 18,786 people.

FITB 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. FITB passed 0 of these 4 screens.

FITB was last screened on 2026-04-29. 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.