BANC – Banc of California Inc

Not Compliant

Banc of California Inc is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

Banc of California, Inc. is a bank holding company. The Company operates through its subsidiary, Banc of California, National Association (the Bank). The Bank offers a range of loan and deposit products and services through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina. Its deposit products include noninterest-bearing deposits, interest-bearing demand deposits, savings accounts, money market deposit accounts, and certificates of deposit. The Bank offers loans, including commercial and industrial, commercial real estate, multifamily, small business administration (SBA), construction, single-family residential mortgage and other consumer loans. The Company provides customized banking and lending solutions to businesses, entrepreneurs and individuals throughout California, and full stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC.

AAOIFI ✗

Debt ÷ Market cap (MC)169.09
Non-Compliant Assets ÷ MC203.63

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