Is Western Alliance Bancorp halal to invest in?

According to Musaffa's Shariah screening methodology, Western Alliance Bancorp (WAL) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Western Alliance 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 Western Alliance Bancorp using these criteria to determine its compliance status.

Can Muslims buy shares of Western Alliance Bancorp?

Muslim investors may consider investing in Western Alliance 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 Western Alliance Bancorp classified as NOT HALAL?

Musaffa determines the Shariah status of Western Alliance 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 Western Alliance Bancorp updated?

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

Can a halal stock like Western Alliance 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 Western Alliance Bancorp?

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

WAL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 14, 2026

Report Source: 2026 1st Quarter Report

Analyst's Ratings for Western Alliance Bancorp (WAL)

Based on 20 analysts giving stock ratings to Western Alliance Bancorp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Western Alliance Bancorp. Stock Analysis WAL

United States Financials Mid Cap Report: Q1, 2026

Western Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. The company is headquartered in Phoenix, Arizona and currently employs 3,769 full-time employees. The company went IPO on 2005-06-30. The company provides a full spectrum of customized loan, deposit and treasury management capabilities, including funds transfer and other digital payment offerings through its wholly owned banking subsidiary, Western Alliance Bank. The company operates through its banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. The firm also provides an array of specialized financial services to business customers across the country, including mortgage banking services through AmeriHome, treasury management services to the homeowner's association sector, and digital payment services for the class-action legal industry. The company has two non-bank subsidiaries, such as CS Insurance Company (CSI) and Western Alliance Trust Company, N.A. (WATC). CSI is a captive insurance company. WATC provides corporate trust services and levered loan administration solutions.

Key Statistics of Western Alliance Bancorp (WAL)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$73.93$76.06

Today's Open

$76.01

Volume

1.18M

P/E Ratio (TTM)

9.06

52 Week Range

$65.82$97.23

Market Cap

8.90B

Avg. Volume

1.08M

Dividend Yield

2.10%

Financial Metrics & Statements of Western Alliance Bancorp (WAL)

FAQ's for Western Alliance Bancorp (WAL)

According to Musaffa’s Shariah screening methodology, Western Alliance Bancorp (WAL) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.