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Shariah compliance overview

Not Halal

Peapack-Gladstone Financial Corporation (PGC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Peapack-Gladstone Financial Corporation

Peapack-Gladstone Financial Corporation (PGC) functions as the holding company for Peapack-Gladstone Bank, a financial institution primarily dedicated to delivering private banking and comprehensive wealth management services throughout the United States.

Peapack-Gladstone Financial Corporation (PGC) 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
88.52%Limit 5%Fail
Interest-bearing debt
951.56%Limit 30%Fail
Interest-bearing securities and assets
74.24%Limit 30%Fail
Dividend purification
84.41%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 Peapack-Gladstone Financial Corporation (PGC). Current Akinda screening label: Not Halal.