Is First United Corp. FUNC stock halal to invest in?

No, as of August 2026, First United Corp. stock (FUNC) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. First United Corp. currently does not meet the threshold for the non-permissible income and interest-bearing investments screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of First United Corp. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is First United Corp. FUNC reviewed for Shariah compliance?

Tabadulat reviews First United Corp. FUNC for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for First United Corp. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does First United Corp. FUNC pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, First United Corp. stock (FUNC) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. First United Corp.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does First United Corp. FUNC pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, First United Corp. stock (FUNC) does not pass the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. First United Corp.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does First United Corp. FUNC pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, First United Corp. stock (FUNC) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. First United Corp.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for First United Corp. FUNC stock?

First United Corp. (FUNC) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If First United Corp. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does First United Corp. FUNC pass the AAOIFI Preference Share screen?

Yes, as of August 2026, First United Corp. stock (FUNC) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. First United Corp. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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First United Corp.

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FUNC

About

First United Corp.

FUNC

First United Corporation is a financial holding company that primarily serves its community through its subsidiary, First United Bank & Trust. Its main function is to deliver comprehensive banking and financial services, including personal and commercial banking solutions. The corporation offers a variety of financial products such as saving accounts, mortgages, loans, and wealth management services, aimed at meeting the diverse needs of individuals and businesses. First United Corporation is deeply embedded in the regional market, focusing on fostering economic growth and supporting local enterprises. With a strong emphasis on relationship-driven banking, the corporation plays a pivotal role in supporting the financial wellbeing of its customers and the regional community. It operates predominantly within the Mid-Atlantic region of the United States, exemplifying a focus on personalized customer service and community involvement. As part of the financial sector, First United Corporation contributes to local economic development and stability, underscoring the importance of community banks in the broader financial ecosystem. Headquartered in Oakland, Maryland, the corporation combines traditional banking with modern financial solutions to serve its clientele effectively.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

291

Website:

https://mybank.com

FUNC

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First United Corp.

About

First United Corp.

FUNC

Frequently asked questions

Is First United Corp. FUNC stock halal to invest in?

How often is First United Corp. FUNC reviewed for Shariah compliance?

Does First United Corp. FUNC pass the AAOIFI Non Permissible Income criteria?

Does First United Corp. FUNC pass the AAOIFI Interest Bearing Investments criteria?

Does First United Corp. FUNC pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for First United Corp. FUNC stock?

Does First United Corp. FUNC pass the AAOIFI Preference Share screen?

Can I buy First United (FUNC) stock on Tabadulat?

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