Compliance Status
Not Halal
Screened on Oct 15, 2026 · AAOIFI Standard 21
Non-Compliant
Is West Bancorporation, Inc. (WTBA) halal? Not Halal. Based on AAOIFI screening, West Bancorporation, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates West Bancorporation, Inc. (WTBA) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/WTBA
Business activity
Involved in prohibited business activities.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding WTBA
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
WTBA: Is West Bancorporation, Inc. Halal?
West Bancorporation, Inc.
$29.19
Market Cap: 497.5M
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About West Bancorporation, Inc.
West Bancorporation, Inc. functions as the holding company for West Bank, delivering a comprehensive suite of community banking and trust services. Serving individuals and small-to-medium enterprises throughout the United States, its financial offerings include a variety of deposit options such as checking, savings, money market accounts, and time certificates of deposit. The institution also provides diverse lending solutions, spanning commercial real estate, construction and land development, business lines of credit, and commercial term loans. Furthermore, it offers consumer loans for personal, household, and family expenditures not secured by property, alongside residential mortgages for 1-4 family homes and home equity loans. Beyond traditional banking, the company specializes in trust administration, managing estates, conservatorships, personal trusts, and agency accounts. Supplementary services encompass internet and mobile banking platforms, treasury management solutions—like cash management, client-generated ACH transactions, remote deposit capabilities, and fraud prevention—as well as merchant credit card processing and corporate credit cards. West Bancorporation, Inc. maintains a physical presence through seven offices in the Des Moines vicinity, one location in Coralville, Iowa, and individual branches situated in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. This entity, founded in 1893, is headquartered in West Des Moines, Iowa.
Sector: Financial Services · Industry: Banks - Regional
Why this does not pass
- Business activity: the company earns from an activity AAOIFI treats as prohibited.
- Interest-bearing debt is 77.4% of market cap, over the 30% AAOIFI limit.
- Interest-bearing deposits are over the 30% limit.
- Income from prohibited sources is over the 5% limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
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PROInstitutional-grade Shariah analysis
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Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Prohibited industry: Banks - Regional
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.
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
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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.