Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is Ally Financial Inc. (ALLY) Halal?

FAIL

Ally Financial Inc. · NYSE: ALLY · Financials

The short answer

Ally Financial fails the Shariah business-activity gate: it is a conventional bank and auto lender whose core revenue is interest on loans (~$13,521M, 170.8% of net revenue), and interest-bearing debt of ~$21,765M is 187.3% of its ~$11.62 billion market cap.

Gate 1 — Business activity: FAIL

Gate 1 — business activity: FAIL. Ally Financial Inc., per its FY2025 Form 10-K (year ended December 31, 2025, filed February 25, 2026), is a digital financial services company founded in 1919 as GMAC (General Motors Acceptance Corporation), headquartered in Detroit, Michigan. Its core operations are automotive finance (the largest auto finance provider in the United States), consumer banking through Ally Bank, mortgage lending, insurance products, commercial banking products, and securities brokerage and investment advisory services.

This is a conventional interest-based lender: its core business is extending credit and earning interest on loans. Interest-based lending is the business, not an ancillary line. The business fails gate 1.

Gate 2 — Debt and cash: FAIL

Gate 2 — interest-bearing debt: FAIL (187.3%, ceiling 33%). Per Ally Financial's FY2025 Form 10-K consolidated balance sheet, short-term borrowings were $4,695 million and long-term debt was $17,070 million at December 31, 2025 — total interest-bearing debt of about $21,765 million.

$21,765 million against a market capitalization of about $11.62 billion (Finnhub, October 2, 2026; NYSE: ALLY) is about 187.3%, far over the 33% ceiling. The debt-gate failure is moot given the business-gate result, but it is reported for the record. Cash and cash equivalents were $10,030 million at December 31, 2025 (about 86.3% of market cap) — normal for a bank's balance sheet.

Gate 3 — Non-compliant income: FAIL

Gate 3 — non-compliant income: FAIL (170.8%, ceiling 5%). Ally Financial's FY2025 Form 10-K consolidated statement of income reports total financing revenue and other interest income of $13,521 million — including $10,697 million of interest and fees on finance receivables and loans, $972 million of interest and dividends on investment securities and other earning assets, and $373 million of interest on cash and cash equivalents — against total net revenue of $7,914 million.

Interest income is the core business revenue of a bank: about 170.8% of net revenue — far over the 5% non-compliant income ceiling. Expected for a conventional bank, and reported for the record.

Key figures used

Frequently asked questions

What does Ally Financial do?

Ally Financial Inc. (NYSE: ALLY) is a digital financial services company founded in 1919 as GMAC (General Motors Acceptance Corporation) and headquartered in Detroit, Michigan. Per its FY2025 Form 10-K (year ended December 31, 2025, filed February 25, 2026), it operates automotive finance (the largest auto finance provider in the US), consumer banking through Ally Bank, mortgage lending, insurance products, commercial banking, and securities brokerage and investment advisory services.

Is Ally Financial's business Shariah compliant?

No - Ally Financial is a conventional bank and lender. Its core business is extending credit and collecting interest: auto financing, consumer and mortgage loans, leveraged loans, commercial banking products, and brokerage services. Interest-based lending is the business, not an ancillary line. Assessed on the filed business description, the business fails this screener's first gate.

How much interest-bearing debt does Ally Financial have?

Ally Financial's FY2025 Form 10-K reports short-term borrowings of $4,695 million and long-term debt of $17,070 million at December 31, 2025 - total interest-bearing debt of about $21,765 million. Against a market capitalization of about $11.62 billion (Finnhub, October 2, 2026), that is about 187.3% - far over the 33% ceiling. The debt-gate failure is moot given the business-gate result, but it is reported for the record.

How much interest income does Ally Financial earn?

Ally Financial's FY2025 Form 10-K reports total financing revenue and other interest income of $13,521 million (including $10,697 million of interest and fees on finance receivables and loans) against total net revenue of $7,914 million - interest income is the core business revenue, about 170.8% of net revenue, far over the 5% non-compliant income ceiling. This gate failure is expected for a bank and is reported for the record.

What do third-party Shariah screeners say about Ally Financial?

Zoya flags Ally Financial as not Shariah-compliant as of September 2026, citing the same FY2025 figures (interest income $13,521,000,000 against revenue $12,154,000,000) - directionally consistent with this page's FAIL. I could not verify a Musaffa rating page for ALLY or a ShariaPortfolio rating from public sources. Third-party screeners apply different assumptions and update on different schedules, and their results can change when new financial statements are published - always check the latest screening before investing.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).