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Shariah compliance overview

Not Halal

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

About Lakeland Financial Corporation

Lakeland Financial Corporation serves as the parent organization for Lake City Bank, offering a broad spectrum of banking and financial solutions.

Lakeland Financial Corporation (LKFN) 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
100.00%Limit 5%Fail
Interest-bearing debt
11.64%Limit 30%Pass
Interest-bearing securities and assets
8.93%Limit 30%Pass
Dividend purification
100.00%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 Lakeland Financial Corporation (LKFN). Current Akinda screening label: Not Halal.