Is Kearny Financial Corp. (KRNY) Halal?

NASDAQ Financial Services United States $463M
✗ NOT HALAL
Confidence: 95/100
Kearny Financial Corp. (KRNY) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
14.2
Forward: 8.4
EPS
$0.52
Dividend Yield
597.0%
Payout: 84.6%
P/B Ratio
0.6
Revenue
$154M
Growth: 15.0%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 31.1%
Net Margin 19.8%
Return on Equity (ROE) 4.3%
Return on Assets (ROA) 0.4%

Cash Flow & Balance Sheet

Operating Cash Flow$25M
Free Cash Flow$21M
Total Debt$1.3B
Total Assets$7.7B

Price & Trading

Last Close$7.50
50-Day MA$7.74
200-Day MA$6.95
Avg Volume388K
Beta0.7
52-Week Range
$5.45
$8.50

About Kearny Financial Corp. (KRNY)

CEO
Mr. Craig L. Montanaro
Employees
504
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$463M
Currency
USD

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family residential mortgage loans, and home equity loans and lines of credit; loans to individuals, builders, or developers for the construction of multi-family residential buildings or commercial real estate, or for the construction or renovation of one- to four-family residences; overdraft lines of credit; and personal loans, as well as engages in the investment activities. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.

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Frequently Asked Questions

Is Kearny Financial Corp. (KRNY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Kearny Financial Corp. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Kearny Financial Corp.'s debt ratio?

Kearny Financial Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Kearny Financial Corp.'s key financial metrics?

Kearny Financial Corp. has a market capitalization of $463M, trailing P/E ratio of 14.2, and revenue of $154M. Return on equity stands at 4.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.