Is HBAN (Huntington Bancshares Incorporated) Halal or Haram?

Based on our AAOIFI-standard shariah screening, HBAN is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 4 of 4 compliance screens. Huntington Bancshares Incorporated's core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 71.70% exceeds the ≤33% threshold. Its interest income of 82.58% exceeds the ≤5% limit. Its cash & securities ratio of 108.30% exceeds the ≤33% threshold.

Huntington Bancshares Incorporated operates as a major regional bank holding company in the United States. Through The Huntington National Bank, it provides a wide range of conventional financial services, including commercial lending, consumer banking, vehicle finance, and mortgage services. For Muslim investors using HalalStocks.co.uk, Huntington Bancshares is classified as Not Halal (Haram) and fails all AAOIFI screening criteria. Because the company operates as a conventional bank, its fundamental business model relies heavily on generating interest (riba) from loans and credit cards, making the stock impermissible for Islamic portfolios. From an Islamic finance perspective, the company's financial metrics are highly problematic. Interest income dominates its financials at 82.58% of total revenue, well above the 5% tolerance limit, while its debt-to-market capitalization stands at an excessive 71.7%. Additionally, its cash and interest-bearing securities to market cap ratio sits at 108.3%, further violating the 33% threshold. There is no scholarly debate regarding conventional banks like Huntington Bancshares; they are universally considered non-compliant by Islamic scholars due to their foundation in riba. Muslim investors should entirely avoid this stock and look toward shariah-compliant alternatives in sectors that do not rely on interest-based financing. Huntington Bancshares Incorporated operates in the Financial Services sector under the Banks - Regional industry and is headquartered in Columbus, OH, US. The company is led by CEO Stephen D. Steinour and employs approximately 20,092 people.

HBAN was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. HBAN passed 0 of these 4 screens.

HBAN was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.