What is First Interstate BancSystem, Inc.'s Shariah compliance score?

First Interstate BancSystem, Inc.'s (FIBK) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does First Interstate BancSystem, Inc. pass AAOIFI screening?

First Interstate BancSystem, Inc. (FIBK) 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% (FIBK: 20.4%), (3) interest-bearing deposits below 30% (FIBK: 9.4%), and (4) prohibited income below 5% (FIBK: 111.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for First Interstate BancSystem, Inc. stock?

First Interstate BancSystem, Inc. (FIBK) has a non-permissible income ratio of 111.31%. Muslim investors should purify this percentage of any dividends received and capital gains realized from FIBK 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 Interstate BancSystem, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for First Interstate BancSystem, Inc. (FIBK) 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 FIBK's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FIBK: Is First Interstate BancSystem, Inc. Halal?

First Interstate BancSystem, Inc.

NASDAQFinancial ServicesUS

$39.15

-0.28%

Market Cap: 3.8B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is First Interstate BancSystem, Inc. (FIBK) halal? Not Halal. Based on AAOIFI screening, First Interstate BancSystem, Inc. 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

Within the limit

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

20.4% of 30.0% limit

What this means for you

Most scholars advise not holding FIBK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About First Interstate BancSystem, Inc.

First Interstate BancSystem, Inc. functions as the parent company of First Interstate Bank, delivering a comprehensive suite of financial products and services across the United States. Its offerings encompass conventional deposit accounts such as checking, savings, and time deposits, alongside repurchase agreements primarily catering to commercial and municipal clients. The institution further extends various lending options, including real estate financing for commercial, construction, residential, agricultural, and other property types. Consumer credit is also available, covering direct personal loans, credit cards and lines of credit, and indirect lending. Additionally, it provides both variable and fixed-rate commercial loans designed to meet the working capital and expansion requirements of small to medium-sized enterprises in the manufacturing, wholesale, retail, and service sectors, as well as agricultural loans. Beyond traditional banking, the company furnishes an array of specialized services, including trust administration, employee benefits, investment management, insurance, agency, and custodial functions, catering to individuals, businesses, and philanthropic entities. Its operational support infrastructure encompasses services like marketing, credit assessment, loan servicing, credit card issuance and management, mortgage loan sales and servicing, indirect consumer loan acquisition and processing, and debt collection. Modern digital conveniences are also provided through online and mobile banking platforms. First Interstate serves a diverse clientele, encompassing individuals, businesses, and municipal bodies, across a wide spectrum of industries such as agriculture, construction, education, energy, government, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. By the close of 2021 (December 31st), it maintained 147 banking locations, including standalone drive-through branches, situated within communities throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. Established in 1971, the corporation's primary base of operations is in Billings, Montana.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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: FY 2025Data source: FMP

Halal Alternatives in Financial Services

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

GLDA+

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+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%

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PYPL

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C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is First Interstate BancSystem, Inc. (FIBK) halal to invest in?

First Interstate BancSystem, Inc. (FIBK) 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 Interstate BancSystem, Inc. get a F compliance rating?

First Interstate BancSystem, Inc. (FIBK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.4% (limit 30%); interest-bearing deposits of 9.4% (limit 30%); prohibited income of 111.31% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change First Interstate BancSystem, Inc.'s Shariah verdict?

First Interstate BancSystem, Inc.'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 Interstate BancSystem, Inc. re-screened for Shariah compliance?

First Interstate BancSystem, Inc. (FIBK) 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 17, 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.