Burke & Herbert Financial Services Corp.

BHRB: Is Burke & Herbert Financial Services Corp. Halal?

Burke & Herbert Financial Services Corp.

NASDAQFinancial ServicesUS

$70.30

+0.26%

Market Cap: 1.1B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Burke & Herbert Financial Services Corp. (BHRB) halal? Not Halal. Based on AAOIFI screening, Burke & Herbert Financial Services Corp. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

50.9% of 30.0% limit

What this means for you

Most scholars advise not holding BHRB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Burke & Herbert Financial Services Corp.

Burke & Herbert Financial Services Corp. operates as a bank holding company, offering a comprehensive range of banking products and financial solutions. Its client base includes small to medium-sized businesses, along with their owners and employees, professional corporations, non-profit organizations, and individual customers. The company organizes its lending operations into several distinct portfolio segments: Commercial Real Estate: This segment's loans are evaluated based on the income generated from leasing the underlying property or its potential proceeds upon sale. Owner-Occupied Commercial Real Estate: Here, the focus is on the operational strength of the business occupying the property, in addition to the collateral's value. Acquisition, Construction, and Development: Loans in this category are contingent on the borrower's credit standing, the project's adherence to budget and timely completion, the prospects of a successful sale post-development, and the value of the collateral. Commercial and Industrial: Lending in this segment emphasizes the financial health of the borrowing business and the worth of its collateral. Single Family Residential (1-4 Units): These loans, often for investment purposes, consider the borrower's continued creditworthiness, the market value of the collateral, and either the net rental income generated or the proceeds from the property's sale. Consumer Non-Real Estate and Other: This segment covers loans where risk assessment primarily involves the borrower's credit reliability and the value of the collateral provided. Burke & Herbert Financial Services Corp. was established on September 14, 2022, and is headquartered in Alexandria, Virginia.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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

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Frequently Asked Questions

Is Burke & Herbert Financial Services Corp. (BHRB) halal to invest in?
Burke & Herbert Financial Services Corp. (BHRB) 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 Burke & Herbert Financial Services Corp. get a F compliance rating?
Burke & Herbert Financial Services Corp. (BHRB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 50.9% (limit 30%); interest-bearing deposits of 158.1% (limit 30%); prohibited income of 90.61% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Burke & Herbert Financial Services Corp.'s Shariah verdict?
Burke & Herbert Financial Services Corp.'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 Burke & Herbert Financial Services Corp. re-screened for Shariah compliance?
Burke & Herbert Financial Services Corp. (BHRB) 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 20, 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.