Parke Bancorp, Inc.

PKBK: Is Parke Bancorp, Inc. Halal?

Parke Bancorp, Inc.

NASDAQFinancial ServicesUS

$32.93

-2.75%

Market Cap: 390.0M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

37.0% of 30.0% limit

What this means for you

Most scholars advise not holding PKBK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Parke Bancorp, Inc.

Parke Bancorp, Inc., the parent company of Parke Bank, delivers a comprehensive suite of financial services to individuals and small to medium-sized enterprises. Clients can access a variety of deposit options, such as checking, savings, and money market accounts, along with individual retirement accounts (IRAs) and certificates of deposit (CDs). Its lending activities encompass a diverse portfolio, featuring commercial and industrial financing, construction loans, mortgages for both commercial and residential properties, and consumer credit. Complementing these core offerings, Parke Bank also facilitates transactions through debit cards and modern digital platforms, including internet banking and online bill pay. The institution maintains a physical presence with seven branch offices, strategically located across New Jersey (Galloway Township, Northfield, Washington Township, and Collingswood) and in Philadelphia, Pennsylvania. Established in 1999, Parke Bancorp, Inc. operates from its headquarters in Washington Township, New Jersey.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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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Frequently Asked Questions

Is Parke Bancorp, Inc. (PKBK) halal to invest in?
Parke Bancorp, Inc. (PKBK) 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 Parke Bancorp, Inc. get a F compliance rating?
Parke Bancorp, Inc. (PKBK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37.0% (limit 30%); interest-bearing deposits of 40.4% (limit 30%); prohibited income of 97.67% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Parke Bancorp, Inc.'s Shariah verdict?
Parke 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 Parke Bancorp, Inc. re-screened for Shariah compliance?
Parke Bancorp, Inc. (PKBK) 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 18, 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.