Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is Horizon Bancorp Inc Stock Halal?
Shariah Compliance Analysis of HBNC Stock
No. As of October 2026, Horizon Bancorp Inc (HBNC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizon Bancorp Inc does not pass Musaffa's business and financial screening criteria.
Horizon Bancorp, Inc. (Indiana) is a bank holding company, which engages in the provision of commercial and retail banking services. The company is headquartered in Michigan City, Indiana and currently employs 465 full-time employees. The company went IPO on 2001-12-20. Its retail offerings include prime residential and other secured consumer lending to in-market customers, as well as a range of personal banking and wealth management solutions. The company also provides a comprehensive array of in-market business banking and treasury management services, as well as equipment financing solutions for customers regionally and nationally, with commercial lending representing over half of total loans. The firm operates in a single segment, namely, commercial banking. The Bank maintains approximately 71 full-service offices. The company has wholly owned direct and indirect subsidiaries: Horizon Investments, Inc., Horizon Properties, Inc., Horizon Insurance Services, Inc., Horizon Grantor Trust and Wolverine Commercial Holdings, LLC.
HBNC Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Horizon Bancorp Inc is classified as not halal.
NOT HALALHorizon Bancorp Inc (HBNC) Chart
Fetching Price Chart...
Financial Metrics & Statements of Horizon Bancorp Inc (HBNC)
FAQ's for Horizon Bancorp Inc (HBNC)
- As of October 2026, Horizon Bancorp Inc HBNC 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 Horizon Bancorp Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Horizon Bancorp 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 Horizon Bancorp 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 Horizon Bancorp 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 Horizon Bancorp Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.