What is Heritage Commerce Corp's Shariah compliance score?

Heritage Commerce Corp's (HTBK) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Heritage Commerce Corp pass AAOIFI screening?

Heritage Commerce Corp (HTBK) 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% (HTBK: 4.8%), (3) interest-bearing deposits below 30% (HTBK: 74.2%), and (4) prohibited income below 5% (HTBK: 96.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Heritage Commerce Corp stock?

Heritage Commerce Corp (HTBK) has a non-permissible income ratio of 96.57%. Muslim investors should purify this percentage of any dividends received and capital gains realized from HTBK 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 Heritage Commerce Corp for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Heritage Commerce Corp (HTBK) 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 HTBK's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HTBK: Is Heritage Commerce Corp Halal?

Heritage Commerce Corp

NASDAQFinancial ServicesUS

$13.45

+3.07%

Market Cap: 828.4M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Heritage Commerce Corp (HTBK) halal? Not Halal. Based on AAOIFI screening, Heritage Commerce Corp 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 HTBK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Heritage Commerce Corp

Heritage Commerce Corp, operating as the parent company for Heritage Bank of Commerce, offers a broad spectrum of commercial and personal banking solutions. The company caters to individuals, businesses, and professionals across California. Its array of deposit products for retail and business clients includes both interest-bearing and non-interest-bearing checking accounts, savings and money market accounts, certificates of deposit, and various time deposits. The loan portfolio is extensive, featuring commercial loans for operational capital, equipment acquisition, and general business needs (both secured and unsecured). It also provides financing for commercial real estate, construction loans for rental properties, commercial structures, and residential development, alongside Small Business Administration (SBA) loans. Residential offerings encompass home equity lines of credit, multifamily property loans, and traditional residential mortgages, while consumer loans cover vehicles, goods, and other personal financing requirements. Furthermore, Heritage Commerce Corp delivers a wide variety of supplementary services, such as cashier's checks, bank-by-mail, night deposit facilities, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer (EFT), online bill payment, services for homeowner associations, remote deposit capture, Automated Clearing House (ACH) origination, electronic data interchange (EDI), check imaging, factoring financing, and a full suite of other digital and conventional banking services. The company maintains 17 full-service branch locations, primarily positioned within the greater San Francisco Bay Area of California. Heritage Commerce Corp was established in 1994 and is headquartered in San Jose, California.

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:

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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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Free · No credit card required

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Frequently Asked Questions

Is Heritage Commerce Corp (HTBK) halal to invest in?

Heritage Commerce Corp (HTBK) 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 Heritage Commerce Corp get a F compliance rating?

Heritage Commerce Corp (HTBK) 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 74.2% (limit 30%); prohibited income of 96.57% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Heritage Commerce Corp's Shariah verdict?

Heritage Commerce 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 Heritage Commerce Corp re-screened for Shariah compliance?

Heritage Commerce Corp (HTBK) 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.