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ASB · NYSE

Associated Banc-Corp

Not compliant

Associated Banc-Corp is not compliant. It fails the business-activity screen: conventional banking.

TickerASB
ExchangeNYSE
SectorState Commercial Banks
Not compliantAssociated Banc-CorpASB · NYSE
FailBusiness activity
permissible core business
n/aInterest income / revenue
limit 5%
n/aDebt / total assets
limit 33.33%
n/aCash / total assets
limit 33.33%

Data and sources.

ResultBusiness-activity test: the company's core business.
Financial ratiosNot shown: the company fails the business-activity test, so ratios do not change the result.
MethodAAOIFI Shariah Standard No. 21, business-activity screen. Purindex method v1 · how it works
Last updatedNot yet screened with financial data

Spotted a mistake? Report a data issue. Purindex publishes this screening to help people understand what they own. It does not recommend buying, selling or holding Associated Banc-Corp or any other security.

Questions about Associated Banc-Corp.

Is Associated Banc-Corp (ASB) stock halal?
Associated Banc-Corp is not compliant. It fails the business-activity screen: conventional banking.
How does Purindex decide whether ASB is Shariah compliant?
The core business must be permissible, impure revenue must stay below 5% of total revenue, and interest-bearing debt and interest-bearing cash must each stay below 30% of market capitalisation. A company within 10% of a limit is marked doubtful. Until share prices are loaded, US, European and UK companies are checked against total assets (33.33% limits) using their official filings, and companies without verified data are marked insufficient data.
Should I buy Associated Banc-Corp shares?
Purindex does not recommend buying, selling or holding Associated Banc-Corp or any other security. It publishes screening information so you can check what you own. For a personal ruling, consult a qualified scholar.