Screener / National Commercial Banks / Cullen/Frost Bankers, Inc.

CFR · NYSE

Cullen/Frost Bankers, Inc.

Not compliant

Cullen/Frost Bankers, Inc. is not compliant. It fails the business-activity screen: conventional banking.

TickerCFR
ExchangeNYSE
SectorNational Commercial Banks
Not compliantCullen/Frost Bankers, Inc.CFR · 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 Cullen/Frost Bankers, Inc. or any other security.

Questions about Cullen/Frost Bankers, Inc..

Is Cullen/Frost Bankers, Inc. (CFR) stock halal?
Cullen/Frost Bankers, Inc. is not compliant. It fails the business-activity screen: conventional banking.
How does Purindex decide whether CFR 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 Cullen/Frost Bankers, Inc. shares?
Purindex does not recommend buying, selling or holding Cullen/Frost Bankers, Inc. or any other security. It publishes screening information so you can check what you own. For a personal ruling, consult a qualified scholar.