Shariah compliance overview
Not HalalNicolet Bankshares, Inc. (NIC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Nicolet Bankshares, Inc.
Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota.
Nicolet Bankshares, Inc. (NIC) operates in the Financial Services sector, in the Banks - Regional industry.
Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing securities and assets.
- Business Activity
- 51.11%Limit 5%Fail
- Interest-bearing debt
- 7.68%Limit 30%Pass
- Interest-bearing securities and assets
- 67.40%Limit 30%Fail
- Dividend purification
- 51.11%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about Nicolet Bankshares, Inc. (NIC). Current Akinda screening label: Not Halal.
