What is Old National Bancorp's Shariah compliance score?

Old National Bancorp's (ONB) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Old National Bancorp pass AAOIFI screening?

Old National Bancorp (ONB) 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% (ONB: 70.7%), (3) interest-bearing deposits below 30% (ONB: 21.6%), and (4) prohibited income below 5% (ONB: 88.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Old National Bancorp stock?

Old National Bancorp (ONB) has a non-permissible income ratio of 88.14%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ONB 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 Old National Bancorp for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Old National Bancorp (ONB) 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 ONB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ONB: Is Old National Bancorp Halal?

Old National Bancorp

NASDAQFinancial ServicesUS

$27.29

+3.45%

Market Cap: 10.5B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Old National Bancorp (ONB) halal? Not Halal. Based on AAOIFI screening, Old National Bancorp 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

Over the limit

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

70.7% of 30.0% limit

What this means for you

Most scholars advise not holding ONB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Old National Bancorp

Old National Bancorp functions as the parent company for Old National Bank, furnishing a wide array of financial services to both individual and commercial clients throughout the United States. Its product portfolio encompasses various deposit accounts, including non-interest-bearing demand, interest-bearing checking, negotiable order of withdrawal (NOW) accounts, savings, money market, and time deposits. The institution also extends numerous lending solutions, such as home equity lines of credit (HELOCs), residential real estate mortgages, personal loans, commercial financing, commercial property loans, letters of credit, and lease financing. Furthermore, Old National Bancorp provides digital and mobile banking amenities, debit and ATM cards, telephone access, cash management, private banking, brokerage, trust administration, and investment advisory services. Specialized offerings include wealth management, investment solutions, foreign currency exchange, treasury management, merchant services, health savings accounts, and capital markets services, in addition to community development lending and equity investment programs. As of December 31, 2021, the company operated 162 banking centers, predominantly situated across Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp, which was established in 1834, has its primary office located in Evansville, Indiana.

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:

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 Old National Bancorp (ONB) halal to invest in?

Old National Bancorp (ONB) 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 Old National Bancorp get a F compliance rating?

Old National Bancorp (ONB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 70.7% (limit 30%); interest-bearing deposits of 21.6% (limit 30%); prohibited income of 88.14% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Old National Bancorp's Shariah verdict?

Old National Bancorp'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 Old National Bancorp re-screened for Shariah compliance?

Old National Bancorp (ONB) 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.