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Shariah compliance overview

Not Halal

Shore Bancshares, Inc. (SHBI) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Shore Bancshares, Inc.

Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States.

Shore Bancshares, Inc. (SHBI) 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.

Business Activity
94.99%Limit 5%Fail
Interest-bearing debt
18.56%Limit 30%Pass
Interest-bearing securities and assets
9.30%Limit 30%Pass
Dividend purification
94.99%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 Shore Bancshares, Inc. (SHBI). Current Akinda screening label: Not Halal.