What is The Bank of New York Mellon Corporation's Shariah compliance score?

The Bank of New York Mellon Corporation's (BK) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does The Bank of New York Mellon Corporation pass AAOIFI screening?

The Bank of New York Mellon Corporation (BK) 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% (BK: 34.8%), (3) interest-bearing deposits below 30% (BK: 195.8%), and (4) prohibited income below 5% (BK: 63.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for The Bank of New York Mellon Corporation stock?

The Bank of New York Mellon Corporation (BK) has a non-permissible income ratio of 63.37%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BK 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 The Bank of New York Mellon Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for The Bank of New York Mellon Corporation (BK) 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 BK's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is The Bank of New York Mellon Corporation (BK) halal? Not Halal. Based on AAOIFI screening, The Bank of New York Mellon Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

BK: Is The Bank of New York Mellon Corporation Halal?

Not Halal

The Bank of New York Mellon Corporation

NYSEFinancial ServicesUS

$141.91

-0.48%

AvoidBorderlineClean

About The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap34.8% / 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 11, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

97.4B

Price

$141.91

Sector

Financial Services

Industry

Asset Management

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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AXINA+

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Frequently Asked Questions

Is The Bank of New York Mellon Corporation (BK) halal to invest in?

The Bank of New York Mellon Corporation (BK) 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 The Bank of New York Mellon Corporation get a F compliance rating?

The Bank of New York Mellon Corporation (BK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 34.8% (limit 30%); interest-bearing deposits of 195.8% (limit 30%); prohibited income of 63.37% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change The Bank of New York Mellon Corporation's Shariah verdict?

The Bank of New York Mellon 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 The Bank of New York Mellon Corporation re-screened for Shariah compliance?

The Bank of New York Mellon Corporation (BK) 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 11, 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.