Shariah compliance overview
Not HalalIndependent Bank Corp. (INDB) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Independent Bank Corp.
Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts.
Independent Bank Corp. (INDB) 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
- 51.52%Limit 5%Fail
- Interest-bearing debt
- 27.93%Limit 30%Pass
- Interest-bearing securities and assets
- 7.78%Limit 30%Pass
- Dividend purification
- 51.52%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.
Please login to access this content
Please login to access this content
Please login to access this content
Company Profile
Please login to access this content
Frequently asked questions
Quick answers about Independent Bank Corp. (INDB). Current Akinda screening label: Not Halal.
