Is Bank of Idaho Holding Co halal to invest in?

According to Musaffa's Shariah screening methodology, Bank of Idaho Holding Co (BOID) 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.

Is Bank of Idaho Holding Co 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 Idaho Holding Co using these criteria to determine its compliance status.

Can Muslims buy shares of Bank of Idaho Holding Co?

Muslim investors may consider investing in Bank of Idaho Holding Co 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 Idaho Holding Co classified as NOT HALAL?

Musaffa determines the Shariah status of Bank of Idaho Holding Co 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 Idaho Holding Co updated?

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

Can a halal stock like Bank of Idaho Holding Co 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 Idaho Holding Co?

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

BOID Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 25, 2024

Report Source: 2024 1st Quarter Report

Bank of Idaho Holding Co. Stock Analysis BOID

United States Financials Micro Cap Report: Q1, 2024

Bank of Idaho Holding Co. operates as a bank holding company. The company is headquartered in Idaho Falls, Idaho. The company went IPO on 2019-09-26. The Company’s subsidiary, Bank of Idaho, is an independent commercial bank providing a range of business and personal banking products and services, including small business administration (SBA), commercial, and mortgage lending to customers in Southern and Eastern Idaho, and eastern Washington. The Bank grants commercial, residential, and installment loans to customers located primarily in southeastern Idaho, the Treasure Valley of Idaho and southeastern Washington. The company offers commercial, commercial real estate, agricultural, residential real estate and consumer loans. Its services include checking, savings, mobile banking, treasury management, cash management, online banking, credit cards, and other banking services.

Key Statistics of Bank of Idaho Holding Co (BOID)

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

Today's Range

$44.24$44.24

Today's Open

$44.24

Volume

100.00

P/E Ratio (TTM)

32.64

52 Week Range

$33.80$53.00

Market Cap

196.03M

Avg. Volume

1419.00

Dividend Yield

Financial Metrics & Statements of Bank of Idaho Holding Co (BOID)

FAQ's for Bank of Idaho Holding Co (BOID)

According to Musaffa’s Shariah screening methodology, Bank of Idaho Holding Co (BOID) 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.