Is RF halal?
Regions Financial Corporation
Not halal
Regions Financial Corporation did not pass AAOIFI screening. The failed check is shown below.
Checked: 12 October 2026
Exchange
NYSE
Price
27.7301
Day
+1.54%
Market cap
$23.03B
Industry
Banks - Regional
Sector
Financial Services
What the company does
Regions Financial is a regional bank in the U.S. South (Birmingham, Alabama). Revenue comes from loan interest, deposit services and wealth management.
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 $7.43B ÷ 36-month average market cap $21.26B = 34.9%
34.9%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $38.89B ÷ 36-month average market cap $21.26B = 182.9%
182.9%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $7.07B ÷ annual revenue $7.53B (2025) = 94.0%
94.0%
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: $23.03B.
For information (AAOIFI 3/1 note): cash + receivables are 21.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.04% weight · #361 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $30.20
- Richard PzenaPzena Investment Management$55.6M0.2%
- Mairs & Power Funds$211K0.0%
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.