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Shariah compliance overview

Not Halal

Eastern Bankshares, Inc. (EBC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Eastern Bankshares, Inc.

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers in the United States.

Eastern Bankshares, Inc. (EBC) 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.

Business Activity
56.04%Limit 5%Fail
Interest-bearing debt
5.84%Limit 30%Pass
Interest-bearing securities and assets
11.26%Limit 30%Pass
Dividend purification
54.22%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 Eastern Bankshares, Inc. (EBC). Current Akinda screening label: Not Halal.