logo

Shariah compliance overview

Not Halal

South Plains Financial, Inc. (SPFI) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About South Plains Financial, Inc.

South Plains Financial, Inc. functions as the parent entity for City Bank, providing a comprehensive suite of commercial and consumer financial services to both individuals and small to mid-sized businesses. Its operations are structured around two core divisions: Banking and Insurance.

South Plains Financial, Inc. (SPFI) 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
76.34%Limit 5%Fail
Interest-bearing debt
10.13%Limit 30%Pass
Interest-bearing securities and assets
187.57%Limit 30%Fail
Dividend purification
76.34%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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about South Plains Financial, Inc. (SPFI). Current Akinda screening label: Not Halal.