Is USB halal?
U.S. Bancorp
Not halal
U.S. Bancorp did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
58.73
Day
+2.33%
Market cap
$91.15B
Industry
Banks - Regional
Sector
Financial Services
What the company does
U.S. Bancorp is the largest US regional bank (Minneapolis): retail and corporate lending, payment services (Elavon) and wealth management. Revenue comes from loan interest and payment/service 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 $96.01B ÷ 36-month average market cap $74.05B = 129.7%
129.7%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $156.25B ÷ 36-month average market cap $74.05B = 211.0%
211.0%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $30.97B ÷ annual revenue $28.54B (2025) = 108.5%
108.5%
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: $91.15B.
For information (AAOIFI 3/1 note): cash + receivables are 22.7% 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
- 0.13% weight · #129 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 6 superinvestors · Average reported price: $60.36
- Christopher DavisDavis Advisors$1.3B5.6%
- David KatzMatrix Asset Advisors$38.5M3.2%
- Hillman Capital Management$2.5M1.8%
- First Eagle Investment Management$1.1B0.9%
- Tweedy Browne$11.0M0.8%
- Mairs & Power Funds$33.9M0.3%
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- 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.