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Shariah compliance overview

Not Halal

Heritage Financial Corporation (HFWA) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Heritage Financial Corporation

Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States.

Heritage Financial Corporation (HFWA) 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
57.45%Limit 5%Fail
Interest-bearing debt
697.44%Limit 30%Fail
Interest-bearing securities and assets
77.76%Limit 30%Fail
Dividend purification
55.93%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 Heritage Financial Corporation (HFWA). Current Akinda screening label: Not Halal.