
Is Grupo Supervielle (SUPV) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Grupo Supervielle SA (SUPV) does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens as of September 2026, so it is not Shariah compliant.
Grupo Supervielle is a prominent financial holding company operating within Argentina's dynamic financial sector. Its core function revolves around providing a comprehensive array of financial services through its diverse subsidiaries, which include offerings in banking, insurance, asset management, and other financial solutions. As a key player, Grupo Supervielle primarily serves retail and corporate customers, delivering products like loans, credit cards, deposits, insurance policies, and investment opportunities. For Muslim investors, though, the most pressing question is simpler: is Grupo Supervielle a Halal investment?
Is Grupo Supervielle Shariah compliant?
Finance is the sector where Shariah screening does the most work, because Riba is not incidental here, it can be the product itself. Grupo Supervielle passes the business activity screen only if its revenue comes from permissible services rather than lending at interest, and the financial screens of AAOIFI Shariah Standard No. 21 still apply in full.
Does Grupo Supervielle pass the business activity test?
The activity screen is only part of the picture this month: Grupo Supervielle currently fails the non-permissible income, interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Grupo Supervielle's income Halal?
No. Grupo Supervielle's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Grupo Supervielle meet AAOIFI's debt and investment ratio requirements?
No. Both ratios currently breach the 30% caps: interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has SUPV re-screened every month.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read What is Riba? A Clear Guide for Ethical Muslim Investing



