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Shariah compliance overview

Not Halal

Wells Fargo & Company (WFC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Wells Fargo & Company

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Wells Fargo & Company (WFC) operates in the Financial Services sector, in the Banks - Diversified 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
81.68%Limit 5%Fail
Interest-bearing debt
181.16%Limit 30%Fail
Interest-bearing securities and assets
200.67%Limit 30%Fail
Dividend purification
81.68%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 Wells Fargo & Company (WFC). Current Akinda screening label: Not Halal.