Inter & Co. Inc. (INTR) - Not Halal (Non-Compliant)
Inter & Co. Inc. (INTR) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Financial Services
- Industry
- Banks - Regional
- Result
- Pass
- Reason
- The sector "Financial Services" and industry "Banks - Regional" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 90.5% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 185.9% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 78.1% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 78.09%.Based on the company's financial statements, approximately 78.09% of dividend income should be donated to charity for purification. This is derived from identified interest income (78.09% of total income). Some scholars may differ on the exact calculation method.
About Inter & Co. Inc.
Inter & Co, Inc., through its subsidiaries, engages in the banking and spending, investments, insurance brokerage, and inter shop businesses in Brazil and the United States. The company offers banking products and services, including checking accounts; cards; deposits; loans and advances; and other services, as well as debt collections; foreign exchange and financial services; and global account digital solution. It also provides acquisition, sale, and custody of securities; structures and distributes securities; and operates management of fund portfolios and other assets. In addition, the company offers insurance products including warranties, life, property, and automobile insurance; pension products; and consortium products. Further, it engages in the sale of goods and/or services through digital platform. Inter & Co, Inc. was founded in 1994 and is headquartered in Belo Horizonte, Brazil.
Frequently Asked Questions
Is Inter & Co. Inc. (INTR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Inter & Co. Inc. (INTR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

