What is Metropolitan Bank Holding Corp.'s Shariah compliance score?

Metropolitan Bank Holding Corp.'s (MCB) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Metropolitan Bank Holding Corp. pass AAOIFI screening?

Metropolitan Bank Holding Corp. (MCB) 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% (MCB: 1.1%), (3) interest-bearing deposits below 30% (MCB: 38.2%), and (4) prohibited income below 5% (MCB: 3331.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Metropolitan Bank Holding Corp. stock?

Metropolitan Bank Holding Corp. (MCB) has a non-permissible income ratio of 3331.56%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MCB 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 Metropolitan Bank Holding Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Metropolitan Bank Holding Corp. (MCB) 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 MCB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MCB: Is Metropolitan Bank Holding Corp. Halal?

Metropolitan Bank Holding Corp.

NYSEFinancial ServicesUS

$93.11

-0.05%

Market Cap: 973.9M

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Metropolitan Bank Holding Corp. (MCB) halal? Not Halal. Based on AAOIFI screening, Metropolitan Bank Holding 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%.

1.1% of 30.0% limit

What this means for you

Most scholars advise not holding MCB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Metropolitan Bank Holding Corp.

Metropolitan Bank Holding Corp. acts as the parent organization for Metropolitan Commercial Bank, which provides a wide array of business, commercial, and personal banking offerings. This institution serves a diverse clientele, including small and mid-sized enterprises, public sector bodies, and individual clients across the greater New York metropolitan region. The bank’s deposit products feature standard checking, savings, term deposit, and money market accounts, along with certificates of deposit. It also extends an extensive portfolio of credit facilities, encompassing financing for commercial properties, construction ventures, multi-family dwellings, and one-to-four-family residential units. Additional lending options include commercial and industrial loans, consumer credit, funds for property acquisition and renovation, and solutions for refinancing or extracting borrower equity. The institution further supports clients with loans on owner-occupied real estate, working capital lines of credit, trade finance, letters of credit, and conventional term loans. Beyond these core services, the company delivers cash management solutions. It offers modern digital banking options, such as online and mobile platforms, alongside automated clearing house (ACH) transactions, remote check deposit services, and debit card provisions. Metropolitan Commercial Bank maintains a physical presence through six branches located in Manhattan, Brooklyn, Great Neck, and Long Island. Metropolitan Bank Holding Corp., established in 1999, has its corporate headquarters in New York City.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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%

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JPMorgan Chase & Co.

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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 Metropolitan Bank Holding Corp. (MCB) halal to invest in?

Metropolitan Bank Holding Corp. (MCB) 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 Metropolitan Bank Holding Corp. get a F compliance rating?

Metropolitan Bank Holding Corp. (MCB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.1% (limit 30%); interest-bearing deposits of 38.2% (limit 30%); prohibited income of 3331.56% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Metropolitan Bank Holding Corp.'s Shariah verdict?

Metropolitan Bank Holding 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 Metropolitan Bank Holding Corp. re-screened for Shariah compliance?

Metropolitan Bank Holding Corp. (MCB) 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.