Is Midland States Bancorp Inc halal to invest in?

As of October 2026, Midland States Bancorp Inc MSBI 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.

Is Midland States Bancorp Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Midland States Bancorp Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Midland States Bancorp Inc?

Muslim investors may consider investing in Midland States 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.

Why is Midland States Bancorp Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Midland States Bancorp Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Midland States Bancorp Inc updated?

The Shariah compliance status of Midland States Bancorp Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Midland States Bancorp Inc become non-compliant?

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.

Where can I check the Shariah status of Midland States Bancorp Inc?

You can check the latest Shariah compliance status of Midland States Bancorp Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Midland States Bancorp Inc Stock Halal?

Shariah Compliance Analysis of MSBI Stock

United States Financials Small Cap

No. As of October 2026, Midland States Bancorp Inc (MSBI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Midland States Bancorp Inc does not pass Musaffa's business and financial screening criteria.

Midland States Bancorp, Inc. is a bank holding company, which engages in the provision of commercial and consumer banking products and services. The company is headquartered in Effingham, Illinois and currently employs 861 full-time employees. The company went IPO on 2016-05-24. The Company’s segments include Banking, Wealth Management, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment operates under the name Midland Wealth Management, which consists of trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration and retail brokerage services through a nationally recognized third-party broker dealer.

MSBI Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Midland States Bancorp Inc is classified as not halal.

NOT HALAL

Midland States Bancorp Inc (MSBI) Chart

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Financial Metrics & Statements of Midland States Bancorp Inc (MSBI)

FAQ's for Midland States Bancorp Inc (MSBI)

As of October 2026, Midland States Bancorp Inc MSBI 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 Midland States Bancorp Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Midland States 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 Midland States 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 Midland States 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 Midland States Bancorp Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.