Shariah compliance overview
Not HalalLive Oak Bancshares, Inc. (LOB) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Live Oak Bancshares, Inc.
Live Oak Bancshares, Inc., established in 2008 and based in Wilmington, North Carolina, functions as the parent entity for Live Oak Banking Company.
Live Oak Bancshares, Inc. (LOB) 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 securities and assets.
- Business Activity
- 69.59%Limit 5%Fail
- Interest-bearing debt
- 6.10%Limit 30%Pass
- Interest-bearing securities and assets
- 102.86%Limit 30%Fail
- Dividend purification
- 69.59%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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Company Profile
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Frequently asked questions
Quick answers about Live Oak Bancshares, Inc. (LOB). Current Akinda screening label: Not Halal.
