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JPM

JPMorgan Chase & Co.

HARAM
Score: 8/100
stock

Is JPM Halal?

Major bank — primary business is riba (interest-based banking).

What You Should Know

JPMorgan Chase is a global bank whose core business is lending, interest income, and financial services based on riba. Cannot pass any Sharia screen.

⚠️ Concerns

  • •Core business is interest-based lending
  • •Investment banking
  • •Derivatives trading

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