Shariah compliance overview
Not HalalPreferred Bank (PFBC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Preferred Bank
Preferred Bank offers a wide array of commercial banking products and services throughout the United States. Its primary clients include small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, various professionals, and high-net-worth individuals.
Preferred Bank (PFBC) 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, Interest-bearing securities and assets.
- Business Activity
- 49.36%Limit 5%Fail
- Interest-bearing debt
- 31.88%Limit 30%Fail
- Interest-bearing securities and assets
- 74.38%Limit 30%Fail
- Dividend purification
- 49.36%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 Preferred Bank (PFBC). Current Akinda screening label: Not Halal.
