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Shariah compliance overview

Not Halal

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

About Banco Santander, S.A.

Banco Santander, S.A. operates as a global financial institution, delivering a comprehensive suite of retail and commercial banking products and services.

Banco Santander, S.A. (SAN) operates in the Financial Services sector, in the Banks - Diversified 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
45.90%Limit 5%Fail
Interest-bearing debt
452.45%Limit 30%Fail
Interest-bearing securities and assets
290.96%Limit 30%Fail
Dividend purification
45.90%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 Santander, S.A. (SAN). Current Akinda screening label: Not Halal.