Canadian Halal Investor.

NASDAQ Shariah screener · October 2026

Is Huntington Bancshares Incorporated (HBAN) Halal?

FAIL

Huntington Bancshares Incorporated · NASDAQ: HBAN · Financials

The short answer

No -- Huntington Bancshares Incorporated (HBAN) fails this Shariah stock screen at all three gates. Per its own FY2025 10-K, Huntington is a regional bank holding company whose core business is conventional banking and lending through The Huntington National Bank -- commercial and consumer deposits, lending, payments, mortgage banking, capital markets, wealth management -- a non-compliant business activity under the AAOIFI-style business screen, with net interest income the stated primary source of revenue. Interest-bearing debt of $18,482M (short-term borrowings $1,261M plus long-term debt $17,221M; deposits and operating leases excluded) is about 60.0% of its ~$30.80B market cap ($15.19, latest close retrieved October 2, 2026), above the ~33% ceiling. Total interest income of $10,310M is about 82.58% of gross revenue of $12,485M, above the 5% non-compliant income ceiling. Third parties agree where they cover it: Zoya flags HBAN not Shariah-compliant and Musaffa classifies it NOT HALAL (October 2026); ShariaPortfolio has no HBAN page found. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

Gate 1 — Business activity: FAIL

Huntington Bancshares Incorporated (NASDAQ: HBAN), headquartered in Columbus, Ohio, is a multistate diversified regional bank holding company organized under Maryland law in 1966, per its FY2025 Form 10-K. Its principal bank subsidiary is The Huntington National Bank (serving customers since 1866). It provides full-service commercial and consumer banking -- deposits, lending, payments, mortgage banking, consumer financing, investment banking, capital markets, advisory, equipment financing, distribution finance, investment management, trust, brokerage, insurance, and wealth management -- through two reportable segments, Consumer & Regional Banking and Commercial Banking. It had $225.1 billion in total assets at December 31, 2025 and operated more than 1,000 branches in 14 states. Business screen (factual, from the filing): the MD&A states 'Our primary source of revenue is net interest income, which is the difference between interest income from earning assets (primarily loans and leases and securities), and interest expense from funding sources' -- conventional interest-based banking and lending is the core business, a non-compliant business activity under the AAOIFI-style business screen applied on this site, the same treatment as the other banks screened in this pipeline. Gate 1 fails. Facts only.

Gate 2 — Debt and cash: FAIL

Per Huntington's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $18,482M -- short-term borrowings of $1,261M plus long-term debt of $17,221M. Deposits are excluded (total deposits of $176,610M are not counted as debt), and operating leases (Note 10, carried in other liabilities) are excluded. Against a market cap of about $30.80B ($15.19 latest close retrieved October 2, 2026), debt divided by market cap is about 60.0% -- nearly twice the ~33% ceiling. Cash and due from banks ($1,783M) plus interest-earning deposits with banks ($12,295M) total $14,078M, about 45.7% of market cap -- expected for a bank, not a gate. Gate 2 fails. Facts only.

Gate 3 — Non-compliant income: FAIL

Huntington's FY2025 10-K separately discloses total interest income of $10,310M -- interest and fee income on loans and leases $8,092M, available-for-sale securities $1,155M, held-to-maturity securities $423M, other securities $47M, and other $593M -- against gross revenue of $12,485M (interest income plus total noninterest income of $2,175M), or about 82.58% of gross revenue -- more than sixteen times the 5% non-compliant income ceiling. The figure matches Zoya's independent parse of the same filing (82.58%). Gate 3 fails. Facts only.

Key figures used

Frequently asked questions

What does Huntington Bancshares do?

Huntington Bancshares Incorporated (NASDAQ: HBAN), headquartered in Columbus, Ohio (41 South High Street), is a multistate diversified regional bank holding company organized under Maryland law in 1966, per its FY2025 Form 10-K. Its principal bank subsidiary is The Huntington National Bank, serving customers since 1866. It provides full-service commercial and consumer banking -- deposits, lending, payments, mortgage banking, investment banking, capital markets, wealth management, trust and brokerage -- through two segments: Consumer & Regional Banking and Commercial Banking. It had total assets of $225.1B at December 31, 2025 and operated more than 1,000 branches in 14 states.

Is Huntington Bancshares' business Shariah compliant?

Huntington is a conventional interest-based regional bank holding company. The MD&A states: 'Our primary source of revenue is net interest income, which is the difference between interest income from earning assets (primarily loans and leases and securities), and interest expense from funding sources.' Conventional interest-based banking and lending fails this screen's first gate, the same treatment as the other banks screened in this pipeline. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

What is Huntington Bancshares' interest-bearing debt ratio?

Per Huntington's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $18,482M -- short-term borrowings of $1,261M plus long-term debt of $17,221M. Deposits are excluded (total deposits of $176,610M are not counted as debt) and operating leases (Note 10, in other liabilities) are excluded. Against a market cap of about $30.80B ($15.19 latest close retrieved October 2, 2026), debt divided by market cap is about 60.0% -- nearly twice the ~33% ceiling. Cash and due from banks plus interest-earning deposits with banks total $14,078M, about 45.7% of market cap -- expected for a bank, not a gate. Gate 2 fails.

What is Huntington Bancshares' non-compliant income ratio?

Huntington's FY2025 10-K separately discloses total interest income of $10,310M -- interest and fee income on loans and leases $8,092M, available-for-sale securities $1,155M, held-to-maturity securities $423M, other securities $47M, and other $593M -- against gross revenue of $12,485M (interest income plus total noninterest income of $2,175M), or about 82.58% of gross revenue -- more than sixteen times the 5% non-compliant income ceiling. The figure matches Zoya's independent parse of the same filing (82.58%). Gate 3 fails.

Do Zoya, Musaffa, or ShariaPortfolio cover Huntington Bancshares?

Zoya covers HBAN and flags it as not Shariah-compliant and not halal to invest in (zoya.finance/stocks/hban) -- its data fields independently record FY2025 interest income of $10,310,000,000 on revenue of $12,485,000,000 (82.58%), corroborating this page's Gate 3 math. Musaffa covers HBAN and classifies it as NOT HALAL as of October 2026 (musaffa.com/stock/HBAN/). No ShariaPortfolio coverage page for HBAN was found in web searches -- honestly reported as no coverage found, not invented. All coverage found is consistent with this page's own FAIL outcome. This page applies the screen directly from Huntington's own filings and reports these positions honestly.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).