Shariah compliance overview
Not HalalShinhan Financial Group Co., Ltd. (SHG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Shinhan Financial Group Co., Ltd.
Shinhan Financial Group Co., Ltd. is a prominent financial services provider that operates both within South Korea and globally.
Shinhan Financial Group Co., Ltd. (SHG) 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
- 45.18%Limit 5%Fail
- Interest-bearing debt
- 476.53%Limit 30%Fail
- Interest-bearing securities and assets
- 85.82%Limit 30%Fail
- Dividend purification
- 45.18%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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Company Profile
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Frequently asked questions
Quick answers about Shinhan Financial Group Co., Ltd. (SHG). Current Akinda screening label: Not Halal.
