What is LendingClub Corporation's Shariah compliance score?

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

Does LendingClub Corporation pass AAOIFI screening?

LendingClub Corporation (LC) 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% (LC: 0.7%), (3) interest-bearing deposits below 30% (LC: 41.4%), and (4) prohibited income below 5% (LC: 72.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for LendingClub Corporation stock?

LendingClub Corporation (LC) has a non-permissible income ratio of 72.04%. Muslim investors should purify this percentage of any dividends received and capital gains realized from LC 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 LendingClub Corporation for Shariah compliance for free?

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

LC: Is LendingClub Corporation Halal?

LendingClub Corporation

NYSEFinancial ServicesUS

$17.50

-4.87%

Market Cap: 2.0B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is LendingClub Corporation (LC) halal? Not Halal. Based on AAOIFI screening, LendingClub Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.7% of 30.0% limit

What this means for you

Most scholars advise not holding LC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About LendingClub Corporation

LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as leases equipment; and unsecured personal and auto, patient finance, and education finance loans. It also operates an online lending marketplace platform that connects borrowers and investors. LendingClub Corporation was incorporated in 2006 and is headquartered in San Francisco, California.

Sector: Financial Services · Industry: Financial - Credit Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

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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SLVA+

iShares Silver Trust

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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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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is LendingClub Corporation (LC) halal to invest in?

LendingClub Corporation (LC) 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 LendingClub Corporation get a F compliance rating?

LendingClub Corporation (LC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%); interest-bearing deposits of 41.4% (limit 30%); prohibited income of 72.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change LendingClub Corporation's Shariah verdict?

LendingClub 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 LendingClub Corporation re-screened for Shariah compliance?

LendingClub Corporation (LC) 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.