KRNYNot HalalF
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Compliance Status

Not Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates Kearny Financial Corp. (KRNY) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/KRNY

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%.

202.9% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding KRNY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Kearny Financial Corp.

KRNY: Is Kearny Financial Corp. Halal?

Kearny Financial Corp.

NASDAQFinancial ServicesUS

$8.97

Market Cap: 566.7M

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About Kearny Financial Corp.

Kearny Financial Corp. serves as the parent entity for Kearny Bank, providing a diverse array of banking and financial services across the United States. The institution offers a comprehensive suite of deposit products, including both interest-bearing and non-interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit. Furthermore, Kearny Bank extends various lending options, such as mortgages for multi-family and commercial real estate, business term loans and credit lines, primary mortgages for single- to four-family residences, and home equity loans and lines of credit. It also provides financing for the construction or renovation of one-to-four family homes, commercial properties, or multi-family dwellings, alongside overdraft facilities and personal loans. Beyond these, the corporation engages in investment activities. As of August 18, 2021, its operations included 48 branch offices located throughout northern and central New Jersey, in addition to Brooklyn and Staten Island, New York. The company, established in 1884, has its headquarters in Fairfield, New Jersey.

Sector: Financial Services · Industry: Banks - Regional

Why this does not pass

  • Business activity: the company earns from an activity AAOIFI treats as prohibited.
  • Interest-bearing debt is 202.9% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.
  • Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 18, 2026

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Business Activity Screen

Failed

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

  • Prohibited industry: Banks - Regional
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

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 2026Data 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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Frequently Asked Questions

Is Kearny Financial Corp. (KRNY) halal to invest in?
Kearny Financial Corp. (KRNY) 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 Kearny Financial Corp. get a F compliance rating?
Kearny Financial Corp. (KRNY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 202.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Kearny Financial Corp.'s Shariah verdict?
Kearny Financial 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 Kearny Financial Corp. re-screened for Shariah compliance?
Kearny Financial Corp. (KRNY) 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: Oct 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.