Is First BanCorp halal to invest in?

As of October 2026, First BanCorp FBP is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is First BanCorp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First BanCorp using these criteria to determine its compliance status.

Can Muslims buy shares of First BanCorp?

Muslim investors may consider investing in First BanCorp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is First BanCorp classified as NOT HALAL?

Musaffa determines the Shariah status of First BanCorp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for First BanCorp updated?

The Shariah compliance status of First BanCorp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like First BanCorp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of First BanCorp?

You can check the latest Shariah compliance status of First BanCorp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is First BanCorp Stock Halal?

Shariah Compliance Analysis of FBP Stock

United States Financials Mid Cap

No. As of October 2026, First BanCorp (FBP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First BanCorp does not pass Musaffa's business and financial screening criteria.

First BanCorp (Puerto Rico) is a holding company, which engages in the provision of personal, commercial, and corporate banking services. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). The company operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

FBP Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, First BanCorp is classified as not halal.

NOT HALAL

First BanCorp (FBP) Chart

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Financial Metrics & Statements of First BanCorp (FBP)

FAQ's for First BanCorp (FBP)

As of October 2026, First BanCorp FBP is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First BanCorp using these criteria to determine its compliance status.
Muslim investors may consider investing in First BanCorp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of First BanCorp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of First BanCorp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of First BanCorp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.