
Is Parke Bancorp (PKBK) stock Halal?
As of the September 2026 screening, Parke Bancorp, Inc. (PKBK) does not meet the AAOIFI Shariah Standard No. 21 threshold for the non-permissible income and interest-bearing debt screens, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
Parke Bancorp is a bank holding company that primarily serves the banking needs of individuals and small to mid-sized businesses in the financial services sector. Its primary function is to provide a wide range of financial products and services, including deposit accounts, mortgage and construction loans, as well as consumer and commercial loans. It operates primarily through its subsidiary, Parke Bank, which has a strong local presence in Southern New Jersey and the Philadelphia metropolitan area. For Muslim investors, though, the most pressing question is simpler: is Parke Bancorp a Halal investment?
Is Parke Bancorp Shariah compliant?
Finance is the sector where Shariah screening does the most work, because Riba is not incidental here, it can be the product itself. Parke Bancorp passes the business activity screen only if its revenue comes from permissible services rather than lending at interest, and the financial screens of AAOIFI Shariah Standard No. 21 still apply in full.
Does Parke Bancorp pass the business activity test?
The activity screen is only part of the picture this month: Parke Bancorp currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Parke Bancorp's income Halal?
No. Parke Bancorp's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Parke Bancorp meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read What is Riba? A Clear Guide for Ethical Muslim Investing



