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Shariah compliance overview

Not Halal

Southside Bancshares, Inc. (SBSI) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Southside Bancshares, Inc.

Southside Bancshares, Inc. functions as the holding company for its subsidiary, Southside Bank, which delivers a comprehensive suite of financial solutions to diverse clients, including individual consumers, commercial enterprises, governmental bodies, and non-profit organizations.

Southside Bancshares, Inc. (SBSI) 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 debt, Interest-bearing securities and assets.

Business Activity
98.06%Limit 5%Fail
Interest-bearing debt
78.43%Limit 30%Fail
Interest-bearing securities and assets
179.37%Limit 30%Fail
Dividend purification
98.06%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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Frequently asked questions

Quick answers about Southside Bancshares, Inc. (SBSI). Current Akinda screening label: Not Halal.