Hancock Whitney Corporation

HWC: Is Hancock Whitney Corporation Halal?

Hancock Whitney Corporation

NASDAQFinancial ServicesUS

$78.84

-1.18%

Market Cap: 6.4B

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Hancock Whitney Corporation (HWC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/HWC

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%.

22.0% of 30.0% limit

What this means for you

Most scholars advise not holding HWC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Hancock Whitney Corporation

Hancock Whitney Corporation, founded in 1899 and headquartered in Gulfport, Mississippi, functions as the financial holding company for Hancock Whitney Bank. This institution delivers a comprehensive range of traditional and online banking solutions to commercial entities, small businesses, and individual consumers. Its deposit product portfolio includes noninterest-bearing checking accounts, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposits. The company also provides diverse loan options, such as commercial and industrial financing, commercial real estate loans, construction and land development loans, residential mortgages, and consumer loans like second lien mortgage home loans, home equity lines of credit, and other consumer purpose loans. Additionally, it offers revolving credit facilities, letters of credit, and financial guarantees. Beyond core banking, Hancock Whitney furnishes investment brokerage and treasury management services, along with annuity and life insurance products. It also provides trust and investment management services for retirement plans, corporations, and individuals. The corporation further participates in new market tax credit activities and manages foreclosed assets. Operating primarily throughout the Gulf South corridor, Hancock Whitney maintains a significant physical presence with 177 banking locations and 239 automated teller machines. Its operational footprint covers southern and central Mississippi; southern and central Alabama; southern, central, and northwest Louisiana; the northern, central, and panhandle areas of Florida; and specific regions of East Texas, including Houston, Beaumont, Dallas, and San Antonio. The company also operates a loan production office in Tennessee and a dedicated trust and asset management office in Texas. Formerly known as Hancock Holding Company, the company rebranded to Hancock Whitney Corporation in May 2018.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 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 Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is Hancock Whitney Corporation (HWC) halal to invest in?
Hancock Whitney Corporation (HWC) 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 Hancock Whitney Corporation get a F compliance rating?
Hancock Whitney Corporation (HWC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Hancock Whitney Corporation's Shariah verdict?
Hancock Whitney 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 Hancock Whitney Corporation re-screened for Shariah compliance?
Hancock Whitney Corporation (HWC) 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: Sep 2, 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.