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AMBK Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 29, 2024

Report Source: 2023 Annual Report

American Bank Inc

American Bank Inc. Stock Analysis AMBK

United States Financials Micro Cap Report:
American Bank, Inc. is a bank holding company, which engages in the provision of personal and business banking services through its subsidiary. The company is headquartered in Allentown, Pennsylvania. The company went IPO on 2000-07-25. The Bank is a full-service chartered bank and operates an office located in Allentown, Pennsylvania, and a loan production office in Blue Bell, Pennsylvania. The Bank offers a comprehensive menu of deposit and loan products for consumer, business, institutional and governmental customers, including interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts. The Bank is also engaged in mortgage banking activities, which include the origination, purchase and, in certain instances, subsequent sale of residential mortgage loans. The Bank offers online banking services through its AmericanBank Online brand. The Bank subsidiaries include AB Building LLC, which holds real estate, leasehold improvements or other property qualifying as bank premises, and AMBK Services LLC, which pays compensation and benefits for employees of the subsidiary.
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American Bank Inc (AMBK) Chart

Key Statistics of American Bank Inc (AMBK)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$18.36$18.38

Today's Open

$18.36

Volume

700.00

P/E Ratio (TTM)

-

52 Week Range

$14.77$18.50

Market Cap

102.21M

Avg. Volume

4397.11

Dividend Yield

1.18%

Financial Metrics & Statements of American Bank Inc (AMBK)

FAQ's for American Bank Inc (AMBK)

  • According to Musaffa’s Shariah screening methodology, American Bank Inc (AMBK) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes American Bank Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in American Bank Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of American Bank Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of American Bank Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of American Bank Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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