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Shariah compliance overview

Not Halal

Preferred 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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Frequently asked questions

Quick answers about Preferred Bank (PFBC). Current Akinda screening label: Not Halal.