Is Ames National Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Ames National Corp (ATLO) is currently classified as NOT HALAL as of March 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 Ames National Corp 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 Ames National Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Ames National Corp?

Muslim investors may consider investing in Ames National Corp 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 Ames National Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Ames National Corp 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 Ames National Corp updated?

The Shariah compliance status of Ames National Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Ames National Corp 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 Ames National Corp?

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

ATLO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 14, 2026

Report Source: 2025 Annual Report

Ames National Corp. Stock Analysis ATLO

United States Financials Micro Cap Report: 2025 Annual

Ames National Corp. is a bank holding company, which engages in the provision of banking services through its subsidiaries. The company is headquartered in Ames, Iowa and currently employs 240 full-time employees. The company went IPO on 2000-03-13. The firm owns 100% of the stock of six bank subsidiaries consisting of one national bank and five state-chartered banks: First National Bank, Ames, Iowa (FNB); State Bank & Trust Co., Nevada, Iowa (SBT); Boone Bank & Trust Co., Boone, Iowa (BBT); Reliance State Bank, Story City, Iowa (RSB); United Bank & Trust Co., Marshalltown, Iowa (UBT); and Iowa State Savings Bank, Creston, Iowa. The Banks lending activities consist primarily of short-term and medium-term commercial, multifamily and agricultural real estate loans, residential real estate loans, agricultural and business operating loans and lines of credit, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans and origination of mortgage loans for sale into the secondary market. The Bank also offers a variety of checking, savings and time deposits, cash management services, merchant credit card processing, and safe deposit boxes.

Key Statistics of Ames National Corp (ATLO)

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

Today's Range

$27.38$28.20

Today's Open

$27.76

Volume

59.17K

P/E Ratio (TTM)

12.92

52 Week Range

$16.94$29.71

Market Cap

252.25M

Avg. Volume

66.00K

Dividend Yield

2.89%

Financial Metrics & Statements of Ames National Corp (ATLO)

FAQ's for Ames National Corp (ATLO)

According to Musaffa’s Shariah screening methodology, Ames National Corp (ATLO) is currently classified as NOT HALAL as of March 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.