What is Coastal Financial Corporation's Shariah compliance score?

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

Does Coastal Financial Corporation pass AAOIFI screening?

Coastal Financial Corporation (CCB) 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% (CCB: 4.8%), (3) interest-bearing deposits below 30% (CCB: 2.8%), and (4) prohibited income below 5% (CCB: 65.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Coastal Financial Corporation stock?

Coastal Financial Corporation (CCB) has a non-permissible income ratio of 64.97%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CCB 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 Coastal Financial Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Coastal Financial Corporation (CCB) 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 CCB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CCB: Is Coastal Financial Corporation Halal?

Coastal Financial Corporation

NASDAQFinancial ServicesUS

$77.25

+0.91%

Market Cap: 1.2B

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Coastal Financial Corporation (CCB) halal? Not Halal. Based on AAOIFI screening, Coastal Financial 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

Well clear of the limit

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

4.8% of 30.0% limit

What this means for you

Most scholars advise not holding CCB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Coastal Financial Corporation

Coastal Financial Corporation functions as the parent company for Coastal Community Bank, providing a comprehensive suite of banking products and services. Its clientele includes small and medium-sized businesses, professionals, and individuals across the Puget Sound region of Washington. The bank offers various deposit options, such as checking and savings accounts, certificates of deposit, and money market accounts. Lending activities cover commercial and industrial needs, including term loans, Small Business Administration (SBA) loans, commercial lines of credit, and financing for working capital and equipment. Real estate lending encompasses owner-occupied and investment properties, multi-family residences, and construction and land development projects, alongside standard residential mortgages. Consumer loan products range from automobile, boat, and recreational vehicle financing to secured term loans and overdraft protection. Digital banking services include remote deposit capture, online and mobile access, and direct and reciprocal deposit services, complemented by debit cards. Furthermore, the company delivers specialized business accounts and cash management solutions, such as business checking and savings accounts and treasury services. A distinctive offering is its Banking as a Service (BaaS) platform, enabling broker-dealers and digital financial providers to extend banking capabilities to their own customers. Operating with 14 full-service banking locations, Coastal Financial Corporation was established in 1997 and is headquartered in Everett, Washington.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 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+

SPDR Gold Shares

$368.41

+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%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

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Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Coastal Financial Corporation (CCB) halal to invest in?

Coastal Financial Corporation (CCB) 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 Coastal Financial Corporation get a F compliance rating?

Coastal Financial Corporation (CCB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.8% (limit 30%); interest-bearing deposits of 2.8% (limit 30%); prohibited income of 64.97% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Coastal Financial Corporation's Shariah verdict?

Coastal Financial 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 Coastal Financial Corporation re-screened for Shariah compliance?

Coastal Financial Corporation (CCB) 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 13, 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.