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Shariah compliance overview

Not Halal

Grupo Financiero Galicia S.A. (GGAL) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Grupo Financiero Galicia S.A.

Grupo Financiero Galicia S.A. (GGAL) functions as a prominent financial services conglomerate, delivering an extensive array of financial solutions and products to both individual clients and corporate entities across Argentina.

Grupo Financiero Galicia S.A. (GGAL) 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
43.81%Limit 5%Fail
Interest-bearing debt
45.77%Limit 30%Fail
Interest-bearing securities and assets
120.60%Limit 30%Fail
Dividend purification
43.81%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 Grupo Financiero Galicia S.A. (GGAL). Current Akinda screening label: Not Halal.