Investar Holding Corporation

ISTR: Is Investar Holding Corporation Halal?

Investar Holding Corporation

NASDAQFinancial ServicesUS

$30.29

+0.10%

Market Cap: 416.5M

Compliance Status

Not Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Investar Holding Corporation (ISTR) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/ISTR

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%.

36.7% of 30.0% limit

What this means for you

Most scholars advise not holding ISTR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Investar Holding Corporation

Investar Holding Corporation acts as the parent company for Investar Bank, delivering a wide spectrum of financial products and services. The bank caters to both individual clients and small to mid-sized businesses throughout South Louisiana. Its offerings include a diverse suite of deposit accounts such as savings, checking, money market, and individual retirement accounts, along with various certificates of deposit. Customers also benefit from contemporary banking tools like debit cards and mobile banking platforms. Investar Bank provides extensive lending options, spanning commercial real estate, commercial and industrial loans (including working capital lines and equipment financing), and construction loans for commercial, single-family residential, and multi-family developments. Residential lending for one-to-four family properties, such as second mortgages, is also available, alongside a variety of consumer loans for personal, family, and household needs, including secured and unsecured installment loans, home equity lines of credit, and auto loans. For its business clientele, the company offers sophisticated cash management solutions, featuring remote deposit capture, virtual vault, electronic statements, positive pay, ACH origination, wire transfers, investment sweep accounts, and business internet banking. Additional banking conveniences include cashier's checks, direct deposit services for payroll and social security, night depository, bank-by-mail, automated teller machines (ATMs), interactive teller machines (ITMs), merchant card services, and mobile wallet payment capabilities. Founded in 2006, Investar Holding Corporation is based in Baton Rouge, Louisiana, and conducts its operations through a network of 24 full-service branches.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 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

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Frequently Asked Questions

Is Investar Holding Corporation (ISTR) halal to invest in?
Investar Holding Corporation (ISTR) 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 Investar Holding Corporation get a F compliance rating?
Investar Holding Corporation (ISTR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 36.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Investar Holding Corporation's Shariah verdict?
Investar Holding 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 Investar Holding Corporation re-screened for Shariah compliance?
Investar Holding Corporation (ISTR) 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: Aug 30, 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.