Is Richmond Mutual Bancorporation, Inc. RMBI stock halal to invest in?

No, as of February 2026, Richmond Mutual Bancorporation, Inc. stock (RMBI) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Richmond Mutual Bancorporation, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Richmond Mutual Bancorporation, Inc. and alternative halal stock options within the Tabadulat app.

How often is Richmond Mutual Bancorporation, Inc. RMBI reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Richmond Mutual Bancorporation, Inc. RMBI monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Richmond Mutual Bancorporation, Inc. RMBI pass the AAOIFI Non Permissible Income criteria?

No, as of February 2026, Richmond Mutual Bancorporation, Inc. stock (RMBI) does not pass the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does Richmond Mutual Bancorporation, Inc. RMBI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Richmond Mutual Bancorporation, Inc. stock (RMBI) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Richmond Mutual Bancorporation, Inc. stock (RMBI) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

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Richmond Mutual Bancorporation, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

RMBI

About

Richmond Mutual Bancorporation, Inc.

RMBI

Richmond Mutual Bancorporation Inc. is a diversified financial services company that primarily functions as a holding company for a range of community banking operations. Its primary purpose is to provide retail and commercial banking services, catering to the financial needs of individuals, small businesses, and commercial customers. Richmond Mutual Bancorporation Inc. impacts various sectors by offering products such as personal and business checking accounts, savings and time deposit accounts, commercial and industrial loans, and residential mortgage and consumer loans. Additionally, it provides online and mobile banking services, reflecting its commitment to technological integration in financial services. Headquartered in Indiana, the company's market significance lies in its focus on empowering local economies and fostering community development through prudent financial practices. Richmond Mutual Bancorporation Inc. plays a crucial role in supporting regional economic stability by facilitating capital flow and offering customized financial solutions.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

179

Website:

https://www.firstbankrichmond.com

RMBI

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Richmond Mutual Bancorporation, Inc.

About

Richmond Mutual Bancorporation, Inc.

RMBI

Frequently asked questions

Is Richmond Mutual Bancorporation, Inc. RMBI stock halal to invest in?

How often is Richmond Mutual Bancorporation, Inc. RMBI reviewed for Shariah compliance?

Does Richmond Mutual Bancorporation, Inc. RMBI pass the AAOIFI Non Permissible Income criteria?

Does Richmond Mutual Bancorporation, Inc. RMBI pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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