What is Simmons First National Corporation's Shariah compliance score?

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

Does Simmons First National Corporation pass AAOIFI screening?

Simmons First National Corporation (SFNC) 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% (SFNC: 19.3%), (3) interest-bearing deposits below 30% (SFNC: 109.5%), and (4) prohibited income below 5% (SFNC: 198.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Simmons First National Corporation stock?

Simmons First National Corporation (SFNC) has a non-permissible income ratio of 198.44%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SFNC 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 Simmons First National Corporation for Shariah compliance for free?

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

SFNC: Is Simmons First National Corporation Halal?

Simmons First National Corporation

NASDAQFinancial ServicesUS

$22.95

-1.29%

Market Cap: 3.3B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Simmons First National Corporation (SFNC) halal? Not Halal. Based on AAOIFI screening, Simmons First National 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

Within the limit

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

19.3% of 30.0% limit

What this means for you

Most scholars advise not holding SFNC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Simmons First National Corporation

Simmons First National Corporation serves as the parent organization for Simmons Bank, delivering a broad spectrum of banking and financial solutions to both individual and business clients. Its offerings include various deposit accounts such as checking, savings, and time deposits. The bank also provides a diverse array of lending options, including consumer, real estate, and commercial loans, alongside specialized financing for agriculture, equipment, and small businesses via SBA initiatives. Beyond core banking, it furnishes trust and fiduciary services, credit cards, investment management, insurance products, and securities and investment services. Customers can also access modern conveniences like ATM services, online and mobile banking platforms, overdraft facilities, and safe deposit boxes. Established in 1903 and headquartered in Pine Bluff, Arkansas, the company operated a network of 199 branches across Arkansas, Missouri, Tennessee, Texas, Oklahoma, and Kansas as of January 27, 2022.

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: 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.

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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 Simmons First National Corporation (SFNC) halal to invest in?

Simmons First National Corporation (SFNC) 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 Simmons First National Corporation get a F compliance rating?

Simmons First National Corporation (SFNC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 19.3% (limit 30%); interest-bearing deposits of 109.5% (limit 30%); prohibited income of 198.44% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Simmons First National Corporation's Shariah verdict?

Simmons First National 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 Simmons First National Corporation re-screened for Shariah compliance?

Simmons First National Corporation (SFNC) 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.