Is Andover Bancorp Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Andover Bancorp Inc (ANDC) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Andover Bancorp Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Andover Bancorp Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Andover Bancorp Inc?

Muslim investors may consider investing in Andover Bancorp 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.

Why is Andover Bancorp Inc classified as NOT COVERED?

Musaffa determines the Shariah status of Andover Bancorp Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Andover Bancorp Inc updated?

The Shariah compliance status of Andover Bancorp Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Andover Bancorp Inc become non-compliant?

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.

Where can I check the Shariah status of Andover Bancorp Inc?

You can check the latest Shariah compliance status of Andover Bancorp Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Andover Bancorp Inc. Stock Analysis ANDC

United States Financials Nano Cap

Andover Bancorp, Inc. (Ohio) is a bank holding company, which engages in providing financial services. The company is headquartered in Andover, Ohio. The company went IPO on 2013-12-18. The firm operates ten banking centers and provides a full range of financial products and services. The firm's products include personal, business and investment. Its personal products include bank and borrow. Its bank products include online & mobile, checking, savings, certificates of deposit and individual retirement accounts, debit cards, overdraft protection, and Zelle. The firm's borrow products include mortgage, construction loans, home equity, vehicle loans, personal loans, credit cards, and student loans. Its business products consist of bank products, which include checking, savings, business services, online and mobile and overdraft protection, and borrow products, which include business loans and lines, SBA loans, and credit cards.

Key Statistics of Andover Bancorp Inc (ANDC)

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

Today's Range

$20.05$20.06

Today's Open

$20.06

Volume

490.00

P/E Ratio (TTM)

52 Week Range

$18.10$20.06

Market Cap

45.70M

Avg. Volume

1166.20

Dividend Yield

Financial Metrics & Statements of Andover Bancorp Inc (ANDC)

FAQ's for Andover Bancorp Inc (ANDC)

According to Musaffa’s Shariah screening methodology, Andover Bancorp Inc (ANDC) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.