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Shariah compliance overview

Not Halal

The Toronto-Dominion Bank (TD) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About The Toronto-Dominion Bank

The Toronto-Dominion Bank, along with its affiliated entities, delivers a comprehensive array of financial solutions and services across Canada, the United States, and various international markets. Its operations are structured into three primary divisions: Canadian Retail, U.S.

The Toronto-Dominion Bank (TD) 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
100.00%Limit 5%Fail
Interest-bearing debt
404.25%Limit 30%Fail
Interest-bearing securities and assets
95.85%Limit 30%Fail
Dividend purification
100.00%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 The Toronto-Dominion Bank (TD). Current Akinda screening label: Not Halal.