Mid Penn Bancorp, Inc.

MPB: Is Mid Penn Bancorp, Inc. Halal?

Mid Penn Bancorp, Inc.

NASDAQFinancial ServicesUS

$37.02

-2.76%

Market Cap: 938.3M

Compliance Status

Not Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Mid Penn Bancorp, Inc. (MPB) halal? Not Halal. Based on AAOIFI screening, Mid Penn Bancorp, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Mid Penn Bancorp, Inc. (MPB) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/MPB

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%.

6.3% of 30.0% limit

What this means for you

Most scholars advise not holding MPB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Mid Penn Bancorp, Inc.

Mid Penn Bancorp, Inc. functions as the parent entity for Mid Penn Bank, offering a comprehensive suite of commercial banking services to a diverse client base, including individuals, business partnerships, non-profit organizations, and corporate entities. The institution provides an array of deposit options, such as checking, savings, specialized club accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Its lending portfolio is extensive, encompassing residential mortgages and home equity lines, both secured and unsecured commercial and consumer loans, revolving lines of credit, construction project financing, agricultural loans, community development funding, and tailored loans for non-profit organizations and municipal governments. Additionally, the company offers modern banking conveniences like online and telephone banking, robust cash management solutions, and automated teller machine (ATM) services. Clients also have access to safe deposit boxes and benefit from professional trust and wealth management advisory. As of December 31, 2021, Mid Penn Bancorp maintained a network of sixty full-service retail banking branches across nineteen Pennsylvania counties: Berks, Blair, Bucks, Centre, Chester, Clearfield, Cumberland, Dauphin, Fayette, Huntingdon, Lancaster, Lehigh, Luzerne, Lycoming, Montgomery, Northumberland, Perry, Schuylkill, and Westmoreland. Established in 1868, the company's corporate headquarters are situated in Harrisburg, Pennsylvania.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 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:

Free · No credit card required

Track MPB and 6,200+ stocks with AI insights

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

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Mid Penn Bancorp, Inc. (MPB) halal to invest in?
Mid Penn Bancorp, Inc. (MPB) 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 Mid Penn Bancorp, Inc. get a F compliance rating?
Mid Penn Bancorp, Inc. (MPB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Mid Penn Bancorp, Inc.'s Shariah verdict?
Mid Penn Bancorp, 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 Mid Penn Bancorp, Inc. re-screened for Shariah compliance?
Mid Penn Bancorp, Inc. (MPB) 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: Sep 3, 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.