What is Banner Corporation's Shariah compliance score?

Banner Corporation's (BANR) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Banner Corporation pass AAOIFI screening?

Banner Corporation (BANR) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BANR: 16.4%), (3) interest-bearing deposits below 30% (BANR: 9.9%), and (4) prohibited income below 5% (BANR: 98.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Banner Corporation stock?

Banner Corporation (BANR) has a non-permissible income ratio of 98.23%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BANR shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Banner Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Banner Corporation (BANR) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BANR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BANR: Is Banner Corporation Halal?

Banner Corporation

NASDAQFinancial ServicesUS

$66.85

+0.80%

Market Cap: 2.3B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Banner Corporation (BANR) halal? Not Halal. Based on AAOIFI screening, Banner Corporation has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

16.4% of 30.0% limit

What this means for you

Most scholars advise not holding BANR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Banner Corporation

Banner Corporation, the parent entity of Banner Bank, delivers a comprehensive suite of commercial banking and financial solutions. It serves a diverse clientele, including private individuals, commercial enterprises, and governmental organizations across the United States. Its offerings encompass various deposit options, such as interest-bearing and non-interest-bearing checking accounts, money market accounts, standard savings plans, and certificates of deposit. Additionally, it provides treasury management services and retirement savings opportunities. The company extends a wide array of lending products. These include commercial real estate financing for owner-occupied properties, investment ventures, and multi-unit residential buildings; loans for construction, land acquisition, and development; home mortgages; commercial business loans; agricultural financing; and diverse consumer credit options like home equity lines of credit, vehicle loans (automobiles, boats, recreational vehicles), and loans secured by deposit accounts. Beyond traditional banking, Banner Corporation is active in mortgage banking, originating and selling residential loans for single-family to four-family homes and multi-family units, alongside Small Business Administration (SBA) loans. It also provides modern electronic and digital banking services. As of December 31, 2021, the corporation maintained a physical presence through 150 branch locations and 18 loan production offices spread across Washington, Oregon, California, Idaho, and Utah. Established in 1890, Banner Corporation's main office is situated in Walla Walla, Washington.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

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+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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BAC

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WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Banner Corporation (BANR) halal to invest in?

Banner Corporation (BANR) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Banner Corporation get a F compliance rating?

Banner Corporation (BANR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 16.4% (limit 30%); interest-bearing deposits of 9.9% (limit 30%); prohibited income of 98.23% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Banner Corporation's Shariah verdict?

Banner Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Banner Corporation re-screened for Shariah compliance?

Banner Corporation (BANR) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.