## Is FIRST CITIZENS BANCSHARES INC /DE/ (FCNCB) Halal to Invest In? **Current AAOIFI Compliance Status: Needs Review ⚠** **Amanah Score: 0.0 / 5.0** **Sector:** Financial Services | **Industry:** Banks - Regional **Market Cap:** $21.5B | **Price:** $1650.00 --- ### Quick Answer Based on our AAOIFI Standard 21 screening, **FIRST CITIZENS BANCSHARES INC /DE/ (FCNCB) currently requires further review**. Some financial ratios are near AAOIFI thresholds, or there is mixed activity requiring scholar consultation. ### How We Screen FCNCB Amanah evaluates every stock against [AAOIFI Shariah Standard 21](https://amanahinvest.ai/halal-stock-screener) — the same criteria used by 700+ Islamic financial institutions worldwide: 1. **Debt Ratio** — Interest-bearing debt must be ≤ 30% of the 36-month average market capitalization 2. **Interest-Bearing Deposits** — Deposits and interest-bearing income must be ≤ 30% of the 36-month average market cap 3. **Impermissible Revenue** — Revenue from non-halal activities must be ≤ 5% of total revenue 4. **Core Business Activity** — The company's primary business must not be in a prohibited sector (alcohol, gambling, conventional banking, tobacco, weapons, adult entertainment) Our screening uses data from **5 independent financial data providers** with median-based consensus to ensure accuracy. ### What Is the Amanah Score? The Amanah Score (0.0/5.0) is a composite metric combining: - **Shariah Compliance** (40%) — AAOIFI ratio adherence - **Financial Health** (25%) — Debt levels, profitability, cash flow - **Momentum** (20%) — Price and earnings trajectory - **Data Confidence** (15%) — How many providers confirm the data A score above 3.5 indicates strong compliance with healthy fundamentals. ### What This Means for Investors For stocks with a "Needs Review" status, we recommend checking the detailed AAOIFI ratio breakdown on Amanah. You can see exactly which ratios are close to thresholds and make an informed decision — ideally with guidance from a qualified Shariah scholar. [View FCNCB AAOIFI breakdown →](https://amanahinvest.ai/stocks/FCNCB) ### Purification Requirement If you currently hold FCNCB, you may need to purify a portion of any dividends received. Use Amanah's purification tracker to calculate the exact amount. ### How Often Is This Updated? Amanah's screening engine runs continuously. Blog posts are refreshed monthly with the latest financial data. For real-time compliance status, check the stock directly on Amanah. [Check FCNCB compliance now →](https://amanahinvest.ai/stocks/FCNCB) --- *This analysis is generated from Amanah's automated AAOIFI screening engine and is not a fatwa or personal financial advice. Compliance status is based on the most recent available financial data and may change with new filings. Always consult a qualified Islamic finance scholar for personal investment decisions.* *Last updated: April 13, 2026*

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Is FIRST CITIZENS BANCSHARES INC /DE/ (FCNCB) Halal? AAOIFI Compliance Analysis [2026]