No. As of September 2026, Independent Bank Group Inc (IBTX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Independent Bank Group Inc does not pass Musaffa's business and financial screening criteria.
Independent Bank Group, Inc. is a bank holding company, which engages in the provision of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. The company is headquartered in Mckinney, Texas and currently employs 1,517 full-time employees. The company went IPO on 2013-04-02. The Company, through its subsidiary, Independent Bank, a Texas state-chartered bank, doing business as Independent Financial, provides a range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Its commercial lending products include commercial real estate loans, interim construction loans, commercial loans to a diversified mix of small and midsized businesses, and loans to professionals, including medical practices. Its retail lending products include residential first and second mortgage loans and consumer installment loans, such as loans to purchase cars, boats and other recreational vehicles. The company provides a full range of deposit products and services, including a variety of checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, e-statements and bank-by-mail and direct deposit services.
Independent Bank Group Inc IBTX
$60.67
Last Updated: Jan 02, 12:00 AM·XFRA
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IBTX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Independent Bank Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Independent Bank Group Inc (IBTX) Chart
Financial Metrics & Statements of Independent Bank Group Inc (IBTX)
FAQ's for Independent Bank Group Inc (IBTX)
As of September 2026, Independent Bank Group Inc IBTX 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 Independent Bank Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Independent Bank 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 Independent Bank 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 Independent Bank 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 Independent Bank Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.