Is Red River Bancshares, Inc. RRBI stock halal to invest in?

No, as of August 2026, Red River Bancshares, Inc. stock (RRBI) 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. Red River Bancshares, Inc. currently does not meet the threshold for the non-permissible income screen. 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 Red River Bancshares, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Red River Bancshares, Inc. RRBI reviewed for Shariah compliance?

Tabadulat reviews Red River Bancshares, Inc. RRBI 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screening ensures the status shown for Red River Bancshares, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Red River Bancshares, Inc. RRBI pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Red River Bancshares, Inc. stock (RRBI) 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. Red River Bancshares, 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 Red River Bancshares, Inc. RRBI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Red River Bancshares, Inc. stock (RRBI) passes 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. This limit ensures shareholders are not materially profiting from riba (interest). Red River Bancshares, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Red River Bancshares, Inc. RRBI pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Red River Bancshares, Inc. stock (RRBI) passes 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. This cap limits shareholders' exposure to interest-based leverage. Red River Bancshares, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Red River Bancshares, Inc. RRBI stock?

Red River Bancshares, Inc. (RRBI) 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 Red River Bancshares, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Red River Bancshares, Inc. RRBI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Red River Bancshares, Inc. stock (RRBI) 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. Red River Bancshares, 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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Red River Bancshares, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

RRBI

About

Red River Bancshares, Inc.

RRBI

Red River Bancshares Inc. is a financial holding company that operates through its primary subsidiary, Red River Bank. As a regional bank, its core purpose is to provide a range of banking services to both individual and business clients, primarily within the state of Louisiana. It offers traditional banking products such as checking and savings accounts, certificates of deposit, alongside lending services that include commercial loans, real estate loans, and consumer loans. Notable for its commitment to community banking, Red River Bancshares maintains strong ties to local businesses, supporting economic growth and stability in the regions it serves. Additionally, the bank provides wealth management and trust services, reflecting its comprehensive approach to personal and corporate financial management. In the financial market, Red River Bancshares holds significance as a regional banking institution, representing localized economic health and contributing to the broader rural and semi-urban banking sector. With its focus on customer service and community involvement, the company stands out in its dedication to meeting the financial needs of both urban and rural communities within its operational footprint.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

377

Website:

https://www.redriverbank.net

RRBI

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Red River Bancshares, Inc.

About

Red River Bancshares, Inc.

RRBI

Frequently asked questions

Is Red River Bancshares, Inc. RRBI stock halal to invest in?

How often is Red River Bancshares, Inc. RRBI reviewed for Shariah compliance?

Does Red River Bancshares, Inc. RRBI pass the AAOIFI Non Permissible Income criteria?

Does Red River Bancshares, Inc. RRBI pass the AAOIFI Interest Bearing Investments criteria?

Does Red River Bancshares, Inc. RRBI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Red River Bancshares, Inc. RRBI stock?

Does Red River Bancshares, Inc. RRBI pass the AAOIFI Preference Share screen?

Can I buy Red River Bancshares (RRBI) stock on Tabadulat?

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