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Shariah compliance overview

Not Halal

1st Source Corporation (SRCE) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About 1st Source Corporation

As the parent company of 1st Source Bank, 1st Source Corporation delivers a comprehensive suite of financial solutions, encompassing commercial and retail banking, wealth management, and insurance offerings, to both individual and corporate customers.

1st Source Corporation (SRCE) 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 securities and assets.

Business Activity
77.46%Limit 5%Fail
Interest-bearing debt
22.07%Limit 30%Pass
Interest-bearing securities and assets
103.09%Limit 30%Fail
Dividend purification
77.46%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 1st Source Corporation (SRCE). Current Akinda screening label: Not Halal.