NYSE (also TSX: RY)Financials

Is Royal Bank of Canada (RY) stock halal?

Does not pass

Fails the business screen: conventional interest-based banking.

Checked Jul 21, 2026.
Fiscal 2025 Form 40-F / Annual Report (filed December 3, 2025). Core business is conventional interest-based banking (personal & commercial banking, wealth management, insurance, capital markets), a prohibited primary activity; fiscal 2025 interest income on loans and advances was CAD 56,042M against total (net) revenue of CAD 66,605M (~84%), per the 40-F annual report (fiscal year ended October 31, 2025), and SEC classifies the filer as 'Commercial Banks, NEC'.Fail
From sec.gov. not evaluatedLimit under 30%Not resolved
From sec.gov. not evaluatedLimit under 30%Not resolved
From sec.gov. ~84% (interest income on loans/advances alone)Limit under 5%Fail
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