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Shariah compliance overview

Not Halal

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

About FS Bancorp, Inc.

FS Bancorp, Inc. functions as the holding company for 1st Security Bank of Washington, delivering a comprehensive suite of banking and financial services. These offerings cater to families, local and regional businesses, and specialized industry sectors.

FS Bancorp, Inc. (FSBW) 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
92.52%Limit 5%Fail
Interest-bearing debt
44.89%Limit 30%Fail
Interest-bearing securities and assets
100.33%Limit 30%Fail
Dividend purification
92.52%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 FS Bancorp, Inc. (FSBW). Current Akinda screening label: Not Halal.