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Shariah compliance overview

Not Halal

Banco Macro S.A. (BMA) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Banco Macro S.A.

Banco Macro S.A. operates as a leading financial services institution in Argentina, providing a broad spectrum of banking products and solutions to both individual consumers and corporate entities nationwide.

Banco Macro S.A. (BMA) operates in the Financial Services sector, in the Banks - Regional industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
50.07%Limit 5%Fail
Interest-bearing debt
30.07%Limit 30%Fail
Interest-bearing securities and assets
70.68%Limit 30%Fail
Dividend purification
50.07%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Banco Macro S.A. (BMA). Current Akinda screening label: Not Halal.