What is Bank First Corporation's Shariah compliance score?

Bank First Corporation's (BFC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Bank First Corporation pass AAOIFI screening?

Bank First Corporation (BFC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BFC: 7.7%), (3) interest-bearing deposits below 30% (BFC: 3.5%), and (4) prohibited income below 5% (BFC: 92.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Bank First Corporation stock?

Bank First Corporation (BFC) has a non-permissible income ratio of 92.21%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BFC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Bank First Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Bank First Corporation (BFC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BFC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Bank First Corporation (BFC) halal? Not Halal. Based on AAOIFI screening, Bank First Corporation has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

BFC: Is Bank First Corporation Halal?

Not Halal

Bank First Corporation

NASDAQFinancial ServicesUS

$142.68

+0.91%

AvoidBorderlineClean

About Bank First Corporation

Bank First Corporation, established in 1894 and headquartered in Manitowoc, Wisconsin, functions as the parent entity for Bank First N.A. This financial institution delivers a comprehensive array of consumer and commercial financial solutions throughout Wisconsin, catering to a diverse clientele including businesses, professionals, individuals, associations, and governmental bodies. Its product suite encompasses various deposit accounts such as checking, savings, money market, retirement, and health savings accounts, alongside certificates of deposit and other time deposit options. It also provides residential mortgage products. Beyond core banking, Bank First offers credit cards, ATM services, insurance, data and information technology processing, investment and safekeeping services, and treasury management. Customers can also access their finances through online, telephone, and mobile banking platforms. The company's lending portfolio is extensive, covering various needs. It includes real estate financing, such as commercial property loans, residential mortgages, and home equity loans. For businesses, it provides commercial and industrial loans designed for working capital, accounts receivable and inventory financing, and other operational requirements. Further loan types include construction and development financing, residential loans for 1-4 family properties, and a range of consumer loans for personal and household use, offering both secured and unsecured installment loans as well as revolving lines of credit. Bank First Corporation operates through 21 branches situated across nine Wisconsin counties: Manitowoc, Outagamie, Brown, Winnebago, Sheboygan, Waupaca, Ozaukee, Monroe, and Jefferson. The company adopted its current name, Bank First Corporation, in June 2019, having previously operated as Bank First National Corporation.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 20, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap7.7% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 20, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

1.6B

Price

$142.68

Sector

Financial Services

Industry

Banks - Regional

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Bank First Corporation (BFC) halal to invest in?

Bank First Corporation (BFC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Bank First Corporation get a F compliance rating?

Bank First Corporation (BFC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.7% (limit 30%); interest-bearing deposits of 3.5% (limit 30%); prohibited income of 92.21% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Bank First Corporation's Shariah verdict?

Bank First Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Bank First Corporation re-screened for Shariah compliance?

Bank First Corporation (BFC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.