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Shariah compliance overview

Not Halal

Northeast Bank (NBN) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Northeast Bank

Headquartered in Portland, Maine, and established in 1872, Northeast Bank delivers a broad spectrum of banking and financial solutions to individuals and businesses throughout the state.

Northeast Bank (NBN) 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.

Business Activity
48.93%Limit 5%Fail
Interest-bearing debt
113.55%Limit 30%Fail
Interest-bearing securities and assets
0.39%Limit 30%Pass
Dividend purification
48.93%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 Northeast Bank (NBN). Current Akinda screening label: Not Halal.