Is RENASANT CORP (RNST) Halal?

NYSE Financial Services United States $3.3B
✗ NOT HALAL
Confidence: 95/100
RENASANT CORP (RNST) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

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

P/E Ratio
17.0
Forward: 9.2
EPS
$2.07
Dividend Yield
261.0%
Payout: 43.0%
P/B Ratio
0.9
Revenue
$986M
Growth: 62.7%
Beta
1.0
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 43.5%
Net Margin 20.6%
Return on Equity (ROE) 5.5%
Return on Assets (ROA) 0.8%

Cash Flow & Balance Sheet

Operating Cash Flow$271M
Free Cash Flow$238M
Total Debt$1.0B
Total Assets$26.8B

Price & Trading

Last Close$36.14
50-Day MA$37.98
200-Day MA$36.85
Avg Volume728K
Beta1.0
52-Week Range
$26.97
$42.11

About RENASANT CORP (RNST)

CEO
Mr. Kevin D. Chapman
Employees
3,000
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NYSE
Market Cap
$3.3B
Currency
USD

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, and fiduciary services to retail and commercial customers. The company operates in two segments, Community Banks and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and factoring equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts. It also provides annuities, mutual funds, and other investment services through a third-party broker-dealer; administrative and compliance services; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates, as well as administrative and compliance services for certain mutual funds. The company was founded in 1904 and is based in Tupelo, Mississippi.

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Frequently Asked Questions

Is RENASANT CORP (RNST) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), RENASANT CORP 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 RENASANT CORP's debt ratio?

RENASANT CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are RENASANT CORP's key financial metrics?

RENASANT CORP has a market capitalization of $3.3B, trailing P/E ratio of 17.0, and revenue of $986M. Return on equity stands at 5.5%.

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.