What is West Bancorporation, Inc.'s Shariah compliance score?

West Bancorporation, Inc.'s (WTBA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does West Bancorporation, Inc. pass AAOIFI screening?

West Bancorporation, Inc. (WTBA) 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% (WTBA: 88.7%), (3) interest-bearing deposits below 30% (WTBA: 150.7%), and (4) prohibited income below 5% (WTBA: 96.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for West Bancorporation, Inc. stock?

West Bancorporation, Inc. (WTBA) has a non-permissible income ratio of 96.84%. Muslim investors should purify this percentage of any dividends received and capital gains realized from WTBA 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 West Bancorporation, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for West Bancorporation, Inc. (WTBA) 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 WTBA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is West Bancorporation, Inc. (WTBA) halal? Not Halal. Based on AAOIFI screening, West Bancorporation, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

WTBA: Is West Bancorporation, Inc. Halal?

Not Halal

West Bancorporation, Inc.

NASDAQFinancial ServicesUS

$24.92

+1.30%

AvoidBorderlineClean

About West Bancorporation, Inc.

West Bancorporation, Inc. functions as the holding company for West Bank, delivering a comprehensive suite of community banking and trust services. Serving individuals and small-to-medium enterprises throughout the United States, its financial offerings include a variety of deposit options such as checking, savings, money market accounts, and time certificates of deposit. The institution also provides diverse lending solutions, spanning commercial real estate, construction and land development, business lines of credit, and commercial term loans. Furthermore, it offers consumer loans for personal, household, and family expenditures not secured by property, alongside residential mortgages for 1-4 family homes and home equity loans. Beyond traditional banking, the company specializes in trust administration, managing estates, conservatorships, personal trusts, and agency accounts. Supplementary services encompass internet and mobile banking platforms, treasury management solutions—like cash management, client-generated ACH transactions, remote deposit capabilities, and fraud prevention—as well as merchant credit card processing and corporate credit cards. West Bancorporation, Inc. maintains a physical presence through seven offices in the Des Moines vicinity, one location in Coralville, Iowa, and individual branches situated in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. This entity, founded in 1893, is headquartered in West Des Moines, Iowa.

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 Cap88.7% / 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

424.3M

Price

$24.92

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 West Bancorporation, Inc. (WTBA) halal to invest in?

West Bancorporation, Inc. (WTBA) 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 West Bancorporation, Inc. get a F compliance rating?

West Bancorporation, Inc. (WTBA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 88.7% (limit 30%); interest-bearing deposits of 150.7% (limit 30%); prohibited income of 96.84% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change West Bancorporation, Inc.'s Shariah verdict?

West Bancorporation, Inc.'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 West Bancorporation, Inc. re-screened for Shariah compliance?

West Bancorporation, Inc. (WTBA) 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.