Is Pioneer Bancorp, Inc. (New York) PBFS stock halal to invest in?

No, as of August 2026, Pioneer Bancorp, Inc. (New York) stock (PBFS) 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. Pioneer Bancorp, Inc. (New York) currently does not meet the threshold for the non-permissible income screen. 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 Pioneer Bancorp, Inc. (New York) and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Pioneer Bancorp, Inc. (New York) PBFS reviewed for Shariah compliance?

Tabadulat reviews Pioneer Bancorp, Inc. (New York) PBFS 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screening ensures the status shown for Pioneer Bancorp, Inc. (New York) reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Pioneer Bancorp, Inc. (New York) stock (PBFS) 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. Pioneer Bancorp, Inc. (New York)'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 Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Pioneer Bancorp, Inc. (New York) stock (PBFS) passes 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. This limit ensures shareholders are not materially profiting from riba (interest). Pioneer Bancorp, Inc. (New York)'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Pioneer Bancorp, Inc. (New York) stock (PBFS) 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. Pioneer Bancorp, Inc. (New York)'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 Pioneer Bancorp, Inc. (New York) PBFS stock?

Pioneer Bancorp, Inc. (New York) (PBFS) 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 Pioneer Bancorp, Inc. (New York) returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Pioneer Bancorp, Inc. (New York) stock (PBFS) 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. Pioneer Bancorp, Inc. (New York) 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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Pioneer Bancorp, Inc. (New York)

NASDAQ

Shariah-Compliant

Not Shariah

PBFS

About

Pioneer Bancorp, Inc. (New York)

PBFS

Pioneer Bancorp Inc. is a regional financial institution engaged primarily in providing banking services. It functions as the holding company for Pioneer Bank, offering a wide array of financial products to its local communities. The primary services include personal and commercial banking solutions, such as savings and checking accounts, mortgage lending, personal loans, and business loans. Pioneer Bancorp focuses significantly on community banking, which is pivotal in supporting local economies by facilitating financial access to small businesses and individuals. Notably, the company also places a high emphasis on customer-driven services, utilizing both digital platforms and traditional branch networks to enhance banking experiences. Headquartered in upstate New York, Pioneer Bancorp Inc. serves a growing population of clients with a commitment to local engagement and personalized service. It plays a critical role in regional economic development by providing financial resources and supporting local entrepreneurial ventures. Through its operations, Pioneer Bancorp not only secures customer wealth but also contributes to the fiscal vitality of the communities it serves.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

265

Website:

https://www.pioneerny.com

PBFS

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Pioneer Bancorp, Inc. (New York)

About

Pioneer Bancorp, Inc. (New York)

PBFS

Frequently asked questions

Is Pioneer Bancorp, Inc. (New York) PBFS stock halal to invest in?

How often is Pioneer Bancorp, Inc. (New York) PBFS reviewed for Shariah compliance?

Does Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Non Permissible Income criteria?

Does Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Interest Bearing Investments criteria?

Does Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Pioneer Bancorp, Inc. (New York) PBFS stock?

Does Pioneer Bancorp, Inc. (New York) PBFS pass the AAOIFI Preference Share screen?

Can I buy Pioneer Bancorp, Inc. (New York) (PBFS) stock on Tabadulat?

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