Is CBSH halal?
Commerce Bancshares, Inc.
Not halal
Commerce Bancshares, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NASDAQ
Price
55.69
Day
+0.23%
Market cap
$7.96B
Industry
Banks - Regional
Sector
Financial Services
What the company does
Commerce Bancshares is a regional bank based in Kansas City, Missouri, with branches in Missouri, Kansas, Illinois, Oklahoma and Colorado. Revenue comes from loan interest, card fees and wealth-management fees.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Banks - Regional
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $26.29M ÷ 36-month average market cap $7.65B = 0.3%
0.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $5.60B ÷ 36-month average market cap $7.65B = 73.2%
73.2%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $1.48B ÷ annual revenue $1.77B (2025) = 83.9%
83.9%
Fail
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $7.96B.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Related articles
- Halal investingBlogHaram revenue you can't see from the industry label: pork, weapons, casinosPork hides under "Packaged Foods", weapons under "Aerospace & Defense". What automated screening misses and how we catch it by hand.
- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.