What is First Horizon Corporation's Shariah compliance score?

First Horizon Corporation's (FHN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does First Horizon Corporation pass AAOIFI screening?

First Horizon Corporation (FHN) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (FHN: 37.4%), (3) interest-bearing deposits below 30% (FHN: 12.6%), and (4) prohibited income below 5% (FHN: 124.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for First Horizon Corporation stock?

First Horizon Corporation (FHN) has a non-permissible income ratio of 124.88%. Muslim investors should purify this percentage of any dividends received and capital gains realized from FHN shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen First Horizon Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for First Horizon Corporation (FHN) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about FHN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FHN: Is First Horizon Corporation Halal?

First Horizon Corporation

NYSEFinancial ServicesUS

$25.80

+1.57%

Market Cap: 12.2B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is First Horizon Corporation (FHN) halal? Not Halal. Based on AAOIFI screening, First Horizon Corporation has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

37.4% of 30.0% limit

What this means for you

Most scholars advise not holding FHN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About First Horizon Corporation

First Horizon Corporation functions as the parent company of First Horizon Bank, offering a diverse range of financial services. Its operations are segmented into three core divisions: Regional Banking, Specialty Banking, and Corporate. The company provides standard banking services to consumers, businesses, financial institutions, and governmental bodies. Beyond core banking, it also underwrites eligible securities, such as fixed-income instruments, via its financial subsidiaries; engages in the sale of loans and derivatives; and provides advisory services. Its broad service portfolio further encompasses mortgage banking, title insurance and loan-closing, brokerage, correspondent banking, nationwide check clearing and remittance, trust and fiduciary functions, equipment financing, and both investment and financial advisory. Additionally, First Horizon markets mutual funds, retail insurance products, and credit cards. Across the United States, the corporation maintains a significant presence, with roughly 500 First Horizon Bank branches across 22 states and about 400 FHN Financial centers in 12 states. Formerly known as First Horizon National Corporation, the company adopted its current name, First Horizon Corporation, in November 2020. Established in 1864, its corporate headquarters are located in Memphis, Tennessee.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

More Financial Services Stocks

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JPMorgan Chase & Co.

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Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is First Horizon Corporation (FHN) halal to invest in?

First Horizon Corporation (FHN) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did First Horizon Corporation get a F compliance rating?

First Horizon Corporation (FHN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37.4% (limit 30%); interest-bearing deposits of 12.6% (limit 30%); prohibited income of 124.88% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change First Horizon Corporation's Shariah verdict?

First Horizon Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is First Horizon Corporation re-screened for Shariah compliance?

First Horizon Corporation (FHN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 19, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.