What is Dime Community Bancshares, Inc.'s Shariah compliance score?

Dime Community Bancshares, Inc.'s (DCOM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Dime Community Bancshares, Inc. pass AAOIFI screening?

Dime Community Bancshares, Inc. (DCOM) 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% (DCOM: 21.1%), (3) interest-bearing deposits below 30% (DCOM: 73.1%), and (4) prohibited income below 5% (DCOM: 29.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Dime Community Bancshares, Inc. stock?

Dime Community Bancshares, Inc. (DCOM) has a non-permissible income ratio of 29.93%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DCOM 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 Dime Community Bancshares, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Dime Community Bancshares, Inc. (DCOM) 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 DCOM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

DCOM: Is Dime Community Bancshares, Inc. Halal?

Dime Community Bancshares, Inc.

NYSEFinancial ServicesUS

$39.80

+0.28%

Market Cap: 1.8B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Dime Community Bancshares, Inc. (DCOM) halal? Not Halal. Based on AAOIFI screening, Dime Community Bancshares, Inc. 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%.

21.1% of 30.0% limit

What this means for you

Most scholars advise not holding DCOM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Dime Community Bancshares, Inc.

Dime Community Bancshares, Inc. serves as the parent company for Dime Community Bank, which delivers a comprehensive range of commercial banking and financial services. The bank accepts various forms of deposits, including time, savings, and demand accounts, from businesses, individual consumers, and local government entities. Its lending operations encompass a broad spectrum, offering financing for commercial real estate, multi-family properties, and residential mortgages. Additionally, it extends secured and unsecured loans to both commercial and consumer clients, alongside home equity loans and funding for construction and land acquisition. Beyond its core lending activities, the company strategically invests in a diverse portfolio of financial instruments. These include mortgage-backed securities, collateralized mortgage obligations, and other asset-backed securities issued by agencies such as the Federal Home Loan Bank, Fannie Mae, Ginnie Mae, and Freddie Mac. Its holdings also comprise U.S. Treasury securities, bonds from New York state and local municipalities, securities from U.S. government-sponsored enterprises, and corporate bonds. Furthermore, Dime Community Bank provides an array of ancillary financial services. These offerings include certificate of deposit account registry services (CDARS), insured cash sweep programs, merchant credit and debit card processing, automated teller machines (ATMs), cash management solutions, lockbox processing, online banking, remote deposit capture, safe deposit boxes, and individual retirement accounts (IRAs). The bank also facilitates access to investment products and services through an affiliated third-party broker-dealer and provides title insurance brokerage services. As of December 31, 2021, the company maintained 60 branch locations spanning Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and its corporate headquarters are situated in Hauppauge, New York.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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: Q1 2026Data source: EDGAR

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.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track DCOM and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Dime Community Bancshares, Inc. (DCOM) halal to invest in?

Dime Community Bancshares, Inc. (DCOM) 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 Dime Community Bancshares, Inc. get a F compliance rating?

Dime Community Bancshares, Inc. (DCOM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.1% (limit 30%); interest-bearing deposits of 73.1% (limit 30%); prohibited income of 29.93% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Dime Community Bancshares, Inc.'s Shariah verdict?

Dime Community Bancshares, Inc.'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 Dime Community Bancshares, Inc. re-screened for Shariah compliance?

Dime Community Bancshares, Inc. (DCOM) 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 18, 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.