Is FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| DJIM | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| MSCI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| S&P | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| FTSE | Excluded — Banks - Regional | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 42.2% | |
| Net Margin | 31.5% | |
| Return on Equity (ROE) | 14.4% | |
| Return on Assets (ROA) | 1.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $62M |
| Free Cash Flow | $61M |
| Total Debt | $259M |
| Total Assets | $4.1B |
Price & Trading
| Last Close | $53.44 |
| 50-Day MA | $55.77 |
| 200-Day MA | $52.69 |
| Avg Volume | 30K |
| Beta | 0.7 |
|
52-Week Range
$42.18
| |
About FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)
First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri. The company offers commercial real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, small business administration lending and servicing, treasury management solutions, and company retirement services. It also provides private wealth management for individuals, including creating and executing asset allocation strategies, trust and estate administration, financial planning, investment management, and access to brokerage and custody-only services, as well as private banking to private wealth clients. In addition, the company offers bank consulting services consisting of balance sheet, investment portfolio, and asset liability management services. Further, it provides commercial deposit accounts. The company was founded in 1909 and is headquartered in Madison, Wisconsin.
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Frequently Asked Questions
Is FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIRST BUSINESS FINANCIAL SERVICES, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is FIRST BUSINESS FINANCIAL SERVICES, INC.'s debt ratio?
FIRST BUSINESS FINANCIAL SERVICES, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are FIRST BUSINESS FINANCIAL SERVICES, INC.'s key financial metrics?
FIRST BUSINESS FINANCIAL SERVICES, INC. has a market capitalization of $442M, trailing P/E ratio of 8.9, and revenue of $169M. Return on equity stands at 14.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.