logo

Shariah compliance overview

Not Halal

TrustCo Bank Corp NY (TRST) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About TrustCo Bank Corp NY

TrustCo Bank Corp NY functions as the parent entity for Trustco Bank, a federally regulated savings institution. This subsidiary delivers a comprehensive suite of banking solutions, addressing the financial needs of private individuals, partnerships, and corporate clients alike.

TrustCo Bank Corp NY (TRST) 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
48.24%Limit 5%Fail
Interest-bearing debt
17.48%Limit 30%Pass
Interest-bearing securities and assets
42.72%Limit 30%Fail
Dividend purification
48.24%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 TrustCo Bank Corp NY (TRST). Current Akinda screening label: Not Halal.