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Shariah compliance overview

Not Halal

Columbia Banking System, Inc. (COLB) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Columbia Banking System, Inc.

Columbia Banking System, Inc. operates as the bank holding company for Columbia Bank that provides banking, private banking, mortgage, and other financial services in the United States.

Columbia Banking System, Inc. (COLB) 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.

Business Activity
55.67%Limit 5%Fail
Interest-bearing debt
62.82%Limit 30%Fail
Interest-bearing securities and assets
8.25%Limit 30%Pass
Dividend purification
51.58%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 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 Columbia Banking System, Inc. (COLB). Current Akinda screening label: Not Halal.