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Shariah compliance overview

Not Halal

Sumitomo Mitsui Financial Group, Inc. (SMFG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc., established in Tokyo, Japan, in 2002, is a global financial powerhouse offering a wide array of banking and financial services. Its extensive operations reach across Japan, the Americas, Europe, the Middle East, Asia, and Oceania.

Sumitomo Mitsui Financial Group, Inc. (SMFG) 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
41.45%Limit 5%Fail
Interest-bearing debt
560.67%Limit 30%Fail
Interest-bearing securities and assets
868.10%Limit 30%Fail
Dividend purification
41.45%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 Sumitomo Mitsui Financial Group, Inc. (SMFG). Current Akinda screening label: Not Halal.