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Is First Savings Financial Group Inc Stock Halal?
Shariah Compliance Analysis of FSFG Stock
No. As of November 2026, First Savings Financial Group Inc (FSFG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Savings Financial Group Inc does not pass Musaffa's business and financial screening criteria.
First Savings Financial Group, Inc. operates as a savings and loans holding company for First Savings Bank FSB, a federally chartered savings bank. The company is headquartered in Jeffersonville, Indiana and currently employs 244 full-time employees. The company went IPO on 2008-10-07. The firm's principal business activity is the ownership of the outstanding common stock of the Bank. The Bank is an entrepreneurial community bank and operates about 15 depository branches within Southern Indiana. The Bank also has two national lending programs, including single-tenant net lease commercial real estate and SBA lending, with offices located predominately in the Midwest. The Bank attracts deposits from the general public and uses those funds to originate primarily residential and commercial mortgage loans. The Bank also originates commercial business loans, residential and commercial construction loans, multifamily loans, land and land development loans, and consumer loans. The Bank conducts its lending and deposit activities primarily with individuals and small businesses in its primary market area, except as otherwise discussed herein.
FSFG Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, First Savings Financial Group Inc is classified as not halal.
NOT HALALFirst Savings Financial Group Inc (FSFG) Chart
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Financial Metrics & Statements of First Savings Financial Group Inc (FSFG)
FAQ's for First Savings Financial Group Inc (FSFG)
- As of November 2026, First Savings Financial Group Inc FSFG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First Savings Financial Group Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in First Savings Financial Group Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of First Savings Financial Group Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of First Savings Financial Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of First Savings Financial Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.