Does Banco Latinoamericano de Comercio Exterior, S. A. pass AAOIFI screening?

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BLX: 188.2%), (3) interest-bearing deposits below 30% (BLX: 86.7%), and (4) prohibited income below 5% (BLX: 226.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Banco Latinoamericano de Comercio Exterior, S. A. stock?

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) has a non-permissible income ratio of 226.29%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BLX shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Banco Latinoamericano de Comercio Exterior, S. A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Banco Latinoamericano de Comercio Exterior, S. A. (BLX) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BLX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Banco Latinoamericano de Comercio Exterior, S. A. (BLX) halal? Not Halal. Based on AAOIFI screening, Banco Latinoamericano de Comercio Exterior, S. A. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

BLX: Is Banco Latinoamericano de Comercio Exterior, S. A. Halal?

Not Halal

Banco Latinoamericano de Comercio Exterior, S. A.

NYSEFinancial ServicesPA

$54.99

-1.84%

AvoidBorderlineClean

About Banco Latinoamericano de Comercio Exterior, S. A.

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, including term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009. Banco Latinoamericano de Comercio Exterior, S. A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap188.2% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 11, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

2.0B

Price

$54.99

Sector

Financial Services

Industry

Banks - Regional

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Frequently Asked Questions

Is Banco Latinoamericano de Comercio Exterior, S. A. (BLX) halal to invest in?

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Banco Latinoamericano de Comercio Exterior, S. A. get a F compliance rating?

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 188.2% (limit 30%); interest-bearing deposits of 86.7% (limit 30%); prohibited income of 226.29% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Banco Latinoamericano de Comercio Exterior, S. A.'s Shariah verdict?

Banco Latinoamericano de Comercio Exterior, S. A.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Banco Latinoamericano de Comercio Exterior, S. A. re-screened for Shariah compliance?

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 11, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.