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Shariah compliance overview

Not Halal

Live 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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Frequently asked questions

Quick answers about Live Oak Bancshares, Inc. (LOB). Current Akinda screening label: Not Halal.