As of August 2026, Provident Financial Services Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Provident Financial Services Inc. Stock Analysis PFS
United States Financials Mid Cap
Provident Financial Services, Inc. is a holding company, which engages in the provision of banking services to individual and corporate customers in Northern and Central New Jersey and Eastern Pennsylvania. The company is headquartered in Jersey City, New Jersey and currently employs 1,817 full-time employees. The company went IPO on 2003-01-16. The Bank is a New Jersey-chartered capital stock savings bank operating full-service branch offices throughout New Jersey, Bucks, Lehigh and Northampton counties in Pennsylvania, as well as Orange, Queens and Nassau Counties in New York. The Bank attracts deposits from the general public and businesses primarily in the areas surrounding its banking offices and uses those funds, together with funds generated from operations and borrowings, to originate commercial real estate loans, commercial business loans, residential mortgage loans, and consumer loans. The Bank invests in mortgage-backed securities and other permissible investments. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. The Bank has approximately 140 branches.
Provident Financial Services Inc (PFS) Chart
Financial Metrics & Statements of Provident Financial Services Inc (PFS)
FAQ's for Provident Financial Services Inc (PFS)
As of August 2026, Provident Financial Services Inc PFS 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 Provident Financial Services Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Provident Financial Services Inc 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 Provident Financial Services Inc 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 Provident Financial Services Inc 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 Provident Financial Services Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.