Is HDFC.NS (HDFC Bank (India)) halal?

Q: Is HDFC.NS (HDFC Bank (India)) halal?

HARAM: Major Indian bank — core business is interest-based lending. HDFC Bank is one of India's largest private banks. Core business is conventional interest-based banking. Not permissible.

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HDFC.NS

HDFC Bank (India)

HARAM

Score: 5/100

stock

Is HDFC.NS Halal?

Major Indian bank — core business is interest-based lending.

What You Should Know

HDFC Bank is one of India's largest private banks. Core business is conventional interest-based banking. Not permissible.

⚠️ Concerns

•Core business is riba
•Mortgage lending
•Consumer credit

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