Shariah compliance overview
Not HalalWestern Alliance Bancorporation (WAL) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Western Alliance Bancorporation
Western Alliance Bancorporation serves as the holding entity for Western Alliance Bank, offering a broad spectrum of banking products and related financial services, with its primary operations centered in Arizona, California, and Nevada.
Western Alliance Bancorporation (WAL) 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, Interest-bearing securities and assets.
- Business Activity
- 96.57%Limit 5%Fail
- Interest-bearing debt
- 76.70%Limit 30%Fail
- Interest-bearing securities and assets
- 168.64%Limit 30%Fail
- Dividend purification
- 96.57%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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Company Profile
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Frequently asked questions
Quick answers about Western Alliance Bancorporation (WAL). Current Akinda screening label: Not Halal.
