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Shariah compliance overview

Not Halal

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

About TFS Financial Corporation

TFS Financial Corporation delivers a comprehensive array of retail banking solutions to individual consumers across the United States.

TFS Financial Corporation (TFSL) 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.

Business Activity
50.25%Limit 5%Fail
Interest-bearing debt
149.92%Limit 30%Fail
Interest-bearing securities and assets
24.77%Limit 30%Pass
Dividend purification
50.25%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 TFS Financial Corporation (TFSL). Current Akinda screening label: Not Halal.