Is MetroCity Bankshares, Inc. MCBS stock halal to invest in?

No, as of August 2026, MetroCity Bankshares, Inc. stock (MCBS) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. MetroCity Bankshares, Inc. currently does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of MetroCity Bankshares, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is MetroCity Bankshares, Inc. MCBS reviewed for Shariah compliance?

Tabadulat reviews MetroCity Bankshares, Inc. MCBS for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for MetroCity Bankshares, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, MetroCity Bankshares, Inc. stock (MCBS) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. MetroCity Bankshares, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, MetroCity Bankshares, Inc. stock (MCBS) does not pass the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. MetroCity Bankshares, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, MetroCity Bankshares, Inc. stock (MCBS) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. MetroCity Bankshares, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for MetroCity Bankshares, Inc. MCBS stock?

MetroCity Bankshares, Inc. (MCBS) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If MetroCity Bankshares, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Preference Share screen?

Yes, as of August 2026, MetroCity Bankshares, Inc. stock (MCBS) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. MetroCity Bankshares, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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MetroCity Bankshares, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

MCBS

About

MetroCity Bankshares, Inc.

MCBS

MetroCity Bankshares Inc. is a regional banking institution primarily focused on serving the financial needs of individuals and businesses in its community. As a holding company, its primary purpose is to provide a range of banking services through its subsidiary, Metro City Bank. The bank offers a comprehensive suite of products, including personal and business checking accounts, savings and investment options, mortgage services, and small business loans. Serving as a financial hub, MetroCity is instrumental in supporting local economies, with a strong presence in sectors such as real estate, retail, and healthcare. The bank’s emphasis on relationship banking underscores its commitment to customer service and personalized solutions. MetroCity Bankshares plays a significant role in its market by facilitating capital access and fostering economic growth in its operating regions. Its strategic focus on community-oriented service aligns with its goal of maintaining strong customer relationships and building financial partnerships, positioning it as a key player within the regional banking landscape.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

240

Website:

https://www.metrocitybank.bank

MCBS

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MetroCity Bankshares, Inc.

About

MetroCity Bankshares, Inc.

MCBS

Frequently asked questions

Is MetroCity Bankshares, Inc. MCBS stock halal to invest in?

How often is MetroCity Bankshares, Inc. MCBS reviewed for Shariah compliance?

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Non Permissible Income criteria?

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Interest Bearing Investments criteria?

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for MetroCity Bankshares, Inc. MCBS stock?

Does MetroCity Bankshares, Inc. MCBS pass the AAOIFI Preference Share screen?

Can I buy MetroCity Bankshares (MCBS) stock on Tabadulat?

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