diff --git a/lib/checkclass.cpp b/lib/checkclass.cpp
index 049048e97..27ed19f38 100644
--- a/lib/checkclass.cpp
+++ b/lib/checkclass.cpp
@@ -657,7 +657,7 @@ void CheckClass::initializationListUsage()
                 break;
             if (tok->varId() && Token::Match(tok, "%var% = %any%")) {
                 const Variable* var = symbolDatabase->getVariableFromVarId(tok->varId());
-                if (var && var->scope() == owner) {
+                if (var && var->scope() == owner && !var->isStatic()) {
                     bool allowed = true;
                     for (const Token* tok2 = tok->tokAt(2); tok2->str() != ";"; tok2 = tok2->next()) {
                         if (tok2->varId()) {
diff --git a/test/testclass.cpp b/test/testclass.cpp
index d94050eff..72392f3d8 100644
--- a/test/testclass.cpp
+++ b/test/testclass.cpp
@@ -5399,6 +5399,12 @@ private:
                                      "    Fred() { a = foo(); }\n"
                                      "};");
         ASSERT_EQUALS("[test.cpp:3]: (performance) Variable 'a' is assigned in constructor body. Consider performing initialization in initialization list.\n", errout.str());
+
+        checkInitializationListUsage("class Fred {\n" // #4332
+                                     "    static std::string s;\n"
+                                     "    Fred() { s = \"foo\"; }\n"
+                                     "};");
+        ASSERT_EQUALS("", errout.str());
     }
 
     // ticket #4290 "False Positive: style (noConstructor): The class 'foo' does not have a constructor."