What is Renasant Corporation's Shariah compliance score?

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

Does Renasant Corporation pass AAOIFI screening?

Renasant Corporation (RNST) 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% (RNST: 26.2%), (3) interest-bearing deposits below 30% (RNST: 26.6%), and (4) prohibited income below 5% (RNST: 87.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Renasant Corporation stock?

Renasant Corporation (RNST) has a non-permissible income ratio of 87.41%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RNST 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 Renasant Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Renasant Corporation (RNST) 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 RNST's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RNST: Is Renasant Corporation Halal?

Renasant Corporation

NYSEFinancial ServicesUS

$43.70

-1.24%

Market Cap: 4.0B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Renasant Corporation (RNST) halal? Not Halal. Based on AAOIFI screening, Renasant 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

Close to the limit

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

26.2% of 30.0% limit

What this means for you

Most scholars advise not holding RNST

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Renasant Corporation

Renasant Corporation acts as the parent bank holding company for Renasant Bank, delivering a full spectrum of financial, wealth management, fiduciary, and insurance services to both individual consumers and business clients. Its operations are organized into three primary segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers a wide range of banking solutions, including checking and savings accounts, alongside various lending products such as business and personal loans, asset-based lending, and equipment leasing. It also provides specialized commercial, financial, and agricultural loans; equipment financing and leasing; real estate mortgages for 1-4 family and commercial properties; construction loans for single-family, multi-family, and commercial developments; installment loans for individuals; and interim construction financing. Supplementary services include safe deposit boxes, night depositories, ATMs, online and mobile banking, call center support, and treasury management. The Insurance segment functions as an insurance agency, supplying commercial and personal insurance products through a network of insurance carriers. The Wealth Management segment is dedicated to comprehensive wealth management and fiduciary services. This encompasses the administration and management of diverse trust accounts, including personal, corporate benefit, and custodial accounts, along with their accounting and financial oversight. Investment options, such as annuities and mutual funds, are facilitated through a third-party broker-dealer. Additionally, this segment oversees qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. As of December 31, 2021, the company operated an extensive network of 189 banking, lending, and mortgage offices throughout Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. This infrastructure included 150 full-service branches, 11 limited-service branches, 173 ATMs, and 38 interactive teller machines. Renasant Corporation was founded in 1904 and is based in Tupelo, Mississippi.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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+

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

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track RNST and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Renasant Corporation (RNST) halal to invest in?

Renasant Corporation (RNST) 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 Renasant Corporation get a F compliance rating?

Renasant Corporation (RNST) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 26.2% (limit 30%); interest-bearing deposits of 26.6% (limit 30%); prohibited income of 87.41% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Renasant Corporation's Shariah verdict?

Renasant 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 Renasant Corporation re-screened for Shariah compliance?

Renasant Corporation (RNST) 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 20, 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.