Is Bank of South Carolina halal to invest in?

According to Musaffa's Shariah screening methodology, Bank of South Carolina (BKSC) is currently classified as NOT HALAL as of January 2025. 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 Bank of South Carolina 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 Bank of South Carolina using these criteria to determine its compliance status.

Can Muslims buy shares of Bank of South Carolina?

Muslim investors may consider investing in Bank of South Carolina 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 Bank of South Carolina classified as NOT HALAL?

Musaffa determines the Shariah status of Bank of South Carolina 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 Bank of South Carolina updated?

The Shariah compliance status of Bank of South Carolina may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Bank of South Carolina 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 Bank of South Carolina?

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

BKSC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Bank of South Carolina. Stock Analysis BKSC

United States Financials Micro Cap Report: Q3, 2024

Bank of South Carolina Corp. is a holding company, which engages in the provision of financial services. The company is headquartered in Charleston, South Carolina. The Bank’s personal banking services include checking, savings, certificates of deposit, health savings accounts, individual retirement accounts, VISA CheckCards, eSafe Internet banking, mobile banking, consumer loans, credit cards, personal reserve checking and safe deposit boxes. The Bank offers various business banking services, including eCorp Internet banking, commercial loans, credit cards, wire transfer requests, merchant credit cards services, and other.

Key Statistics of Bank of South Carolina (BKSC)

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

Today's Range

$16.00$16.01

Today's Open

$16.01

Volume

826.00

P/E Ratio (TTM)

11.50

52 Week Range

$13.75$17.45

Market Cap

88.09M

Avg. Volume

4277.83

Dividend Yield

Financial Metrics & Statements of Bank of South Carolina (BKSC)

FAQ's for Bank of South Carolina (BKSC)

According to Musaffa’s Shariah screening methodology, Bank of South Carolina (BKSC) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.