Is Banco Santander-Chile (BSAC) stock halal?

Banco Santander-Chile is not considered halal under the mainstream standards. HalalGauge screens BSAC under AAOIFI, Mufti Taqi Usmani, S&P DJIM, Ja'fari and the strict view, citing every threshold to its primary source.

Is BSAC halal under Mufti Taqi Usmani?

Under Mufti Taqi Usmani's methodology, BSAC is not halal. Impermissible income / revenue 81.5% (limit 5%); Interest-bearing debt / market cap 103667.8% (limit 30%); Cash + interest-bearing securities / market cap 43326.8% (limit 30%); Illiquid (tangible) assets / total assets 0.0% (limit 20%)

BSAC · Financial Services

Banco Santander-Chile

Is Banco Santander-Chile (BSAC) halal?

Banco Santander-Chile is not considered halal under the mainstream standards. Below is the verdict under each of the five mainstream scholarly standards, with the deciding numbers and the source behind every threshold.

BSAC verdict by standard · 0 halal · 0 borderline · 5 not halal

AAOIFI Standard
Impermissible income / revenue 81.5% (limit 5%); Interest-bearing debt / market cap 103667.8% (limit 30%); Cash + interest-bearing securities / market cap 43326.8% (limit 30%)
Not halal
Mufti Taqi Usmani (stricter Hanafi)
Impermissible income / revenue 81.5% (limit 5%); Interest-bearing debt / market cap 103667.8% (limit 30%); Cash + interest-bearing securities / market cap 43326.8% (limit 30%); Illiquid (tangible) assets / total assets 0.0% (limit 20%)
Not halal
Dow Jones Islamic Market
Impermissible income / revenue 81.5% (limit 5%); Interest-bearing debt / market cap 103667.8% (limit 33%); Cash + interest-bearing securities / market cap 43326.8% (limit 33%); Accounts receivable / market cap 649.2% (limit 33%)
Not halal
Ja'fari (Sistani-aligned)
Impermissible income / revenue 81.5% (limit 5%); Interest-bearing debt / market cap 103667.8% (limit 33%); Cash + interest-bearing securities / market cap 43326.8% (limit 33%)
Not halal
Strict / zero-tolerance
Impermissible income / revenue 81.5% (limit 0%); Interest-bearing debt / market cap 103667.8% (limit 0%); Cash + interest-bearing securities / market cap 43326.8% (limit 0%)
Not halal

The numbers behind the verdict

Interest-bearing debt / market cap: 103667.8%
Cash + securities / market cap: 43326.8%
Receivables / market cap: 649.2%
Impermissible income / revenue: 81.5%
Illiquid (tangible) assets / total: 0.0%

Thresholds and methodology differ by scholar — e.g. AAOIFI caps interest-bearing debt at 30% of market cap, DJIM at 33%, and Mufti Taqi additionally requires tangible assets to be at least 20% of total assets. That's why two screeners can disagree on the same stock.

Screen BSAC interactively See the full balance sheet How the methodologies work

Sources

AAOIFI: AAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds)
Mufti Taqi: Mufti Taqi Usmani — published equity-screening rulings (illiquid-asset rule)
DJIM: S&P Dow Jones Islamic Market Indices — Index Methodology (Shariah Screening)
Ja'fari: Ayatollah Sistani — Code of Practice (sistani.org)
Strict: Minority scholars holding zero-tolerance on riba exposure

Other Financial Services tickers

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HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.