Is Hanmi Financial Corp. HAFC stock halal to invest in?

No, as of August 2026, Hanmi Financial Corp. stock (HAFC) 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. Hanmi Financial 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 Hanmi Financial Corp. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Hanmi Financial Corp. HAFC reviewed for Shariah compliance?

Tabadulat reviews Hanmi Financial Corp. HAFC 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 Hanmi Financial 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 reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Hanmi Financial Corp. HAFC pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Hanmi Financial Corp. stock (HAFC) 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. Hanmi Financial 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 Hanmi Financial Corp. HAFC pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Hanmi Financial Corp. stock (HAFC) 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. Hanmi Financial 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 Hanmi Financial Corp. HAFC pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Hanmi Financial Corp. stock (HAFC) 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. Hanmi Financial 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 Hanmi Financial Corp. HAFC stock?

Hanmi Financial Corp. (HAFC) 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 Hanmi Financial Corp. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Hanmi Financial Corp. HAFC pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Hanmi Financial Corp. stock (HAFC) 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. Hanmi Financial 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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Hanmi Financial Corp.

NASDAQ

Shariah-Compliant

Not Shariah

HAFC

About

Hanmi Financial Corp.

HAFC

Hanmi Financial Corporation is a bank holding company primarily engaged in providing a broad range of financial services to both individual consumers and business clients. Through its wholly-owned subsidiary, Hanmi Bank, the company operates numerous branches predominantly located in diverse and bustling communities throughout California, Texas, Illinois, and Virginia, among others. Hanmi Financial Corporation focuses on catering to the banking needs of diverse populations, with a strong emphasis on serving multicultural communities, including the Korean-American market. It offers a comprehensive suite of services, including personal and business banking, loans, credit cards, and treasury management services. By actively facilitating small to medium-sized business growth through tailored financial products, Hanmi plays a critical role in supporting local economies. Established in 1981 and headquartered in Los Angeles, Hanmi Financial Corporation emphasizes customer service and personalized banking solutions, maintaining a robust presence within the financial sector. This focus allows it to remain integral in enhancing financial accessibility and fostering economic growth within the communities it serves.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

597

Website:

https://www.hanmi.com

HAFC

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Hanmi Financial Corp.

About

Hanmi Financial Corp.

HAFC

Frequently asked questions

Is Hanmi Financial Corp. HAFC stock halal to invest in?

How often is Hanmi Financial Corp. HAFC reviewed for Shariah compliance?

Does Hanmi Financial Corp. HAFC pass the AAOIFI Non Permissible Income criteria?

Does Hanmi Financial Corp. HAFC pass the AAOIFI Interest Bearing Investments criteria?

Does Hanmi Financial Corp. HAFC pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Hanmi Financial Corp. HAFC stock?

Does Hanmi Financial Corp. HAFC pass the AAOIFI Preference Share screen?

Can I buy Hanmi Financial (HAFC) stock on Tabadulat?

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