What is Northeast Community Bancorp, Inc.'s Shariah compliance score?

Northeast Community Bancorp, Inc.'s (NECB) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Northeast Community Bancorp, Inc. pass AAOIFI screening?

Northeast Community Bancorp, Inc. (NECB) 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% (NECB: 20.0%), (3) interest-bearing deposits below 30% (NECB: 21.6%), and (4) prohibited income below 5% (NECB: 97.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Northeast Community Bancorp, Inc. stock?

Northeast Community Bancorp, Inc. (NECB) has a non-permissible income ratio of 97.94%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NECB 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 Northeast Community Bancorp, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Northeast Community Bancorp, Inc. (NECB) 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 NECB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NECB: Is Northeast Community Bancorp, Inc. Halal?

Northeast Community Bancorp, Inc.

NASDAQFinancial ServicesUS

$27.18

+1.53%

Market Cap: 376.0M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Northeast Community Bancorp, Inc. (NECB) halal? Not Halal. Based on AAOIFI screening, Northeast Community Bancorp, Inc. 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

Within the limit

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

20.0% of 30.0% limit

What this means for you

Most scholars advise not holding NECB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Northeast Community Bancorp, Inc.

Northeast Community Bancorp, Inc. functions as the parent entity for NorthEast Community Bank, a financial institution serving both individual clients and corporate entities. Its offerings include a range of deposit options such as checking accounts, money market accounts, standard savings accounts, and non-interest-bearing current accounts. The company also extends credit through various loan products, covering construction projects, commercial and industrial ventures, multi-family and mixed-use properties, general non-residential real estate, and consumer financing. Furthermore, it strategically invests in highly liquid assets. These encompass U.S. Treasury bonds, municipal bonds, funds deposited with the Federal Home Loan Bank of New York, certificates of deposit from institutions with federal insurance, and debt instruments issued by different federal agencies and state or local governments. Beyond banking, it provides specialized financial guidance, including investment advisory and financial planning services, along with offering life insurance policies and annuities with fixed interest rates. Its physical presence includes seven full-service branches across New York and three in Massachusetts, complemented by loan origination offices located in White Plains and New City, New York, and Danvers, Massachusetts. Established in 1934, the company's headquarters are situated in White Plains, New York.

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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Sprott Physical Silver Trust

$21.30

+6.23%

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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 Northeast Community Bancorp, Inc. (NECB) halal to invest in?

Northeast Community Bancorp, Inc. (NECB) 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 Northeast Community Bancorp, Inc. get a F compliance rating?

Northeast Community Bancorp, Inc. (NECB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.0% (limit 30%); interest-bearing deposits of 21.6% (limit 30%); prohibited income of 97.94% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Northeast Community Bancorp, Inc.'s Shariah verdict?

Northeast Community 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 Northeast Community Bancorp, Inc. re-screened for Shariah compliance?

Northeast Community Bancorp, Inc. (NECB) 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.