JPM — JPMorgan Chase & Co.
Conventional bank; core business is interest-based lending.
Why?
JPMorgan Chase is a conventional commercial and investment bank. Interest-based lending and deposit-taking are its core revenue sources, which excludes it under the business-activity screen regardless of its financial ratios.
How this was screened
Primary basis: Business-activity screen.
References
- Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).
As of: 2026-09-06
This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.