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Shariah compliance overview

Not Halal

First BanCorp. (FBP) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About First BanCorp.

First BanCorp., operating as the holding company for FirstBank Puerto Rico, delivers a broad spectrum of financial services to retail, commercial, and institutional clients.

First BanCorp. (FBP) 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
98.69%Limit 5%Fail
Interest-bearing debt
9.28%Limit 30%Pass
Interest-bearing securities and assets
19.83%Limit 30%Pass
Dividend purification
98.69%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 First BanCorp. (FBP). Current Akinda screening label: Not Halal.