What is Valley National Bancorp's Shariah compliance score?

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

Does Valley National Bancorp pass AAOIFI screening?

Valley National Bancorp (VLY) 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% (VLY: 42.3%), (3) interest-bearing deposits below 30% (VLY: 3.9%), and (4) prohibited income below 5% (VLY: 92.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Valley National Bancorp stock?

Valley National Bancorp (VLY) has a non-permissible income ratio of 92.55%. Muslim investors should purify this percentage of any dividends received and capital gains realized from VLY 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 Valley National Bancorp for Shariah compliance for free?

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

VLY: Is Valley National Bancorp Halal?

Valley National Bancorp

NASDAQFinancial ServicesUS

$14.64

-0.14%

Market Cap: 8.1B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Valley National Bancorp (VLY) halal? Not Halal. Based on AAOIFI screening, Valley 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%.

42.3% of 30.0% limit

What this means for you

Most scholars advise not holding VLY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Valley National Bancorp

Valley National Bancorp, the holding company for Valley National Bank, delivers an extensive array of financial services encompassing commercial, retail, insurance, and wealth management. Its operations are organized into three core segments: Commercial Lending, Consumer Lending, and Investment Management. The institution accepts a variety of deposits, including non-interest-bearing, savings, NOW, money market, and time accounts. Its diverse lending portfolio features commercial and industrial loans, commercial and residential real estate mortgages, automobile financing, and loans backed by the cash surrender value of life insurance. Valley National also provides home equity loans and credit lines, as well as other secured and unsecured consumer loans. The company strategically invests in various securities and interest-bearing deposits with other banks. For international clients, it offers services like standby and documentary letters of credit, foreign exchange transactions, documentary collections, international wire transfers, and transaction accounts for non-resident aliens. Furthermore, the company furnishes investment services for individuals and small to medium-sized businesses, alongside trusts and custom-tailored investment strategies for a range of retirement plans. Its comprehensive trust offerings include living and testamentary trusts, investment management, custodial and escrow services, and estate administration. Additional services comprise tax credit advisory, a full spectrum of insurance agency services (property, casualty, life, health, and title), healthcare equipment lending, other commercial equipment leasing, and real estate-related investments. Customers benefit from modern conveniences such as online, mobile, and telephone banking, overdraft protection, drive-in and night deposit options, ATMs, remote deposit capture, and safe deposit boxes. As of December 31, 2021, Valley National Bancorp operated 232 branch locations across New Jersey, New York, Florida, and Alabama. The company was founded in 1927 and maintains its headquarters in New York, New York.

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 Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 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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C+

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Bank of America Corporation

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Valley National Bancorp (VLY) halal to invest in?

Valley National Bancorp (VLY) 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 Valley National Bancorp get a F compliance rating?

Valley National Bancorp (VLY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 42.3% (limit 30%); interest-bearing deposits of 3.9% (limit 30%); prohibited income of 92.55% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Valley National Bancorp's Shariah verdict?

Valley 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 Valley National Bancorp re-screened for Shariah compliance?

Valley National Bancorp (VLY) 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.