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Shariah compliance overview

Not Halal

Citizens Financial Group, Inc. (CFG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. (CFG) functions as the holding company for Citizens Bank, National Association, a major financial institution offering a comprehensive suite of retail and commercial banking solutions across the United States.

Citizens Financial Group, Inc. (CFG) 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
51.22%Limit 5%Fail
Interest-bearing debt
53.45%Limit 30%Fail
Interest-bearing securities and assets
233.98%Limit 30%Fail
Dividend purification
48.83%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 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 Citizens Financial Group, Inc. (CFG). Current Akinda screening label: Not Halal.