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Shariah compliance overview

Not Halal

Byline Bancorp, Inc. (BY) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Byline Bancorp, Inc.

Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States.

Byline Bancorp, Inc. (BY) operates in the Financial Services sector, in the Banks - Regional industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
50.98%Limit 5%Fail
Interest-bearing debt
45.17%Limit 30%Fail
Interest-bearing securities and assets
117.16%Limit 30%Fail
Dividend purification
49.81%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Byline Bancorp, Inc. (BY). Current Akinda screening label: Not Halal.