Is Third Coast Bancshares, Inc. TCBX stock halal to invest in?

No, as of August 2026, Third Coast Bancshares, Inc. stock (TCBX) 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. Third Coast Bancshares, Inc. currently does not meet the threshold for the non-permissible income and interest-bearing investments 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 Third Coast Bancshares, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Third Coast Bancshares, Inc. TCBX reviewed for Shariah compliance?

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screening ensures the status shown for Third Coast Bancshares, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

No, as of August 2026, Third Coast Bancshares, Inc. stock (TCBX) 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. Third Coast 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 Third Coast Bancshares, Inc. TCBX pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Third Coast Bancshares, Inc. stock (TCBX) 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. Third Coast Bancshares, 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 Third Coast Bancshares, Inc. TCBX pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Third Coast Bancshares, Inc. stock (TCBX) 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. Third Coast 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 Third Coast Bancshares, Inc. TCBX stock?

Third Coast Bancshares, Inc. (TCBX) 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 Third Coast 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 Third Coast Bancshares, Inc. TCBX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Third Coast Bancshares, Inc. stock (TCBX) 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. Third Coast 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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Third Coast Bancshares, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

TCBX

About

Third Coast Bancshares, Inc.

TCBX

Third Coast Bancshares, Inc. is a bank holding company primarily serving as the parent of Third Coast Bank. Established in Texas, the company focuses on providing a comprehensive suite of commercial banking solutions targeted at small and medium-sized businesses as well as professionals within its operational markets. Its core offerings include an array of deposit products such as checking, money market, savings accounts, certificates of deposit, and individual retirement accounts. The company also delivers a broad range of services including retail and commercial online banking, mobile banking applications, debit and credit cards, treasury management, and merchant services. Through a portfolio comprising state and municipal securities, mortgage-backed securities, agency collateralized mortgage obligations, U.S. Treasury bonds, and corporate bonds, Third Coast Bancshares manages integrated investment strategies. With its branch network focused in the largest metropolitan areas of Texas, the company plays a notable role in financing and supporting economic activity in key business corridors. Its market presence reflects a commitment to stable growth and service diversification within the regional banking sector.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

385

Website:

https://www.thirdcoast.bank

TCBX

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Third Coast Bancshares, Inc.

About

Third Coast Bancshares, Inc.

TCBX

Frequently asked questions

Is Third Coast Bancshares, Inc. TCBX stock halal to invest in?

How often is Third Coast Bancshares, Inc. TCBX reviewed for Shariah compliance?

Does Third Coast Bancshares, Inc. TCBX pass the AAOIFI Non Permissible Income criteria?

Does Third Coast Bancshares, Inc. TCBX pass the AAOIFI Interest Bearing Investments criteria?

Does Third Coast Bancshares, Inc. TCBX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Third Coast Bancshares, Inc. TCBX stock?

Does Third Coast Bancshares, Inc. TCBX pass the AAOIFI Preference Share screen?

Can I buy Third Coast Bancshares (TCBX) stock on Tabadulat?

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