logo

Shariah compliance overview

Not Halal

SLM Corporation (SLM) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About SLM Corporation

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States.

SLM Corporation (SLM) operates in the Financial Services sector, in the Financial - Credit Services 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
100.00%Limit 5%Fail
Interest-bearing debt
113.63%Limit 30%Fail
Interest-bearing securities and assets
83.18%Limit 30%Fail
Dividend purification
99.00%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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about SLM Corporation (SLM). Current Akinda screening label: Not Halal.