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BAC

Bank of America Corp.

HARAM
Score: 5/100
stock

Is BAC Halal?

Major bank — riba-based business model.

What You Should Know

Bank of America is a major commercial bank earning primarily from interest-based lending. Core business is riba and cannot pass Sharia screening.

⚠️ Concerns

  • •Core interest-based banking
  • •Credit cards
  • •Investment banking with derivatives

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