Is PNC halal?
PNC Financial Services Group, I
Not halal
PNC Financial Services Group, I did not pass AAOIFI screening. The failed check is shown below.
Checked: 12 October 2026
Exchange
NYSE
Price
214.94
Day
-0.40%
Market cap
$87.45B
Industry
Banks - Regional
Sector
Financial Services
What the company does
PNC Financial is a major US regional bank (Pittsburgh) with a wide network in the East and South: retail and corporate lending and asset management. Revenue comes from loan interest and 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 - Regional
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $85.72B ÷ 36-month average market cap $74.84B = 114.5%
114.5%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $107.43B ÷ 36-month average market cap $74.84B = 143.6%
143.6%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $25.31B ÷ annual revenue $23.08B (2025) = 109.7%
109.7%
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: $87.45B.
For information (AAOIFI 3/1 note): cash + receivables are 10.0% of total assets (2025-12-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.13% weight · #132 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 5 superinvestors · Average reported price: $240.26
- David KatzMatrix Asset Advisors$38.6M3.2%
- Christopher DavisDavis Advisors$122.1M0.5%
- Tweedy Browne$3.3M0.3%
- Kahn Brothers Group$330K0.1%
- Dodge & Cox Funds$3.4M0.0%
Exited this quarter: Viking Global Investors
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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.