AUB – Atlantic Union Bankshares Corp

Not Compliant

Atlantic Union Bankshares Corp is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank. The Company’s segments include Wholesale Banking, Consumer Banking and Corporate Other. The Wholesale Banking segment provides loan, leasing and deposit services, as well as treasury management, small business administration (SBA) lending and capital market services to its wholesale customers primarily throughout Virginia, Maryland, North Carolina, and South Carolina. These customers include commercial real estate and commercial and industrial customers. This segment also includes its equipment finance subsidiary, Atlantic Union Equipment Finance. The private banking and trust businesses also reside in the Wholesale Banking segment. The Consumer Banking segment provides loan and deposit services to consumers and small businesses throughout Virginia, Maryland and North Carolina. The Consumer Banking segment includes its home loan division and its investment management and advisory services businesses.

AAOIFI ✗

Debt ÷ Market cap (MC)51.59
Non-Compliant Assets ÷ MC120.03

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