Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The stock trades as (BBVA). The company carries a market capitalisation of roughly $139.2 billion and sits in the Financials sector. For Muslim investors asking “is Banco Bilbao Vizcaya Argentaria SA ADR halal?” or “is BBVA halal?”, the answer comes from testing the company against established Shariah screening rules. Here are the workings.
What We Screen For
Our screen applies two layers. First, a business activity test: companies whose core operations are impermissible (conventional banking and insurance, alcohol, gambling, tobacco, weapons, adult entertainment) fail outright. Second, four financial ratio tests built on widely adopted AAOIFI-style thresholds:
- Debt screen: interest-bearing debt must stay below 33% of market capitalisation.
- Liquidity screen: cash plus interest-bearing securities must stay below 33% of market capitalisation.
- Receivables screen: accounts receivable must stay below 49% of total assets.
- Revenue screen: non-permissible revenue must stay below 5% of total revenue.
The Numbers
| Screening Test | BBVA Figure | Limit | Status |
|---|---|---|---|
| Business activity | Excluded activity found | No prohibited core activity | ✗ Fail |
| Interest-bearing debt to market capitalisation | n/a | Below 33% | n/a |
| Cash and interest-bearing securities | n/a | Below 33% | n/a |
| Accounts receivable to total assets | n/a | Below 49% | n/a |
| Non-permissible revenue share | n/a | Below 5% | n/a |
| Overall verdict | FAIL | Ethical score 30.0/100 | ✗ Fail |
Detailed Assessment
The screen stops at the first layer. Banco Bilbao Vizcaya Argentaria SA ADR is excluded on business activity grounds: Excluded industry: Banks – Diversified. When a company’s core operations are impermissible, the financial ratios are not applied; no balance sheet arrangement can offset revenue earned from a prohibited activity.
Key Considerations
Screening verdicts are methodology-dependent. Our screen applies the thresholds shown above; other providers may use total assets rather than market capitalisation as the denominator, which can move borderline names. The underlying figures are shown so you can apply your own scholar’s rules.
Screening data reflects filings available as of 2026-07-19.
Quick Answers
Is Banco Bilbao Vizcaya Argentaria SA ADR stock halal?
Under our screen, Banco Bilbao Vizcaya Argentaria SA ADR (BBVA) receives a FAIL verdict as of July 2026. It fails: Excluded industry: Banks – Diversified.
What ratios does BBVA need to pass?
Interest-bearing debt below 33% of market capitalisation, cash and interest-bearing securities below 33%, receivables below 49% of assets, and non-permissible revenue below 5% of total revenue, after a business activity test.
Further Research
View the full Banco Bilbao Vizcaya Argentaria SA ADR profile, including quantitative scores and technical analysis, on our BBVA ticker page.
Screen the full 13,700-name universe yourself on the Ethical Trading hub, or compare verdicts across the market with our screeners.