Is NTB halal?
Bank of N.T. Butterfield & Son
Not halal
Bank of N.T. Butterfield & Son did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
58.65
Day
+0.63%
Market cap
$2.32B
Industry
Banks - Diversified
Sector
Financial Services
What the company does
Bank of N.T. Butterfield & Son is a bank in Bermuda and the Cayman Islands: deposits, mortgages, trust and wealth management, also serving the UK, Guernsey and Jersey. Revenue comes from loan interest and trust/management fees.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Banks - Diversified
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $98.78M ÷ 36-month average market cap $1.80B = 5.5%
5.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $5.04B ÷ 36-month average market cap $1.80B = 280.5%
280.5%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $557.11M ÷ annual revenue $606.81M (2025) = 91.8%
91.8%
Fail
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $2.32B.
Note: the screener found the latest filing to be stale — the verdict rests on old data.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $59.50
- Christopher DavisDavis Advisors$60.2M0.3%
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.