Is Bank Of Botetourt halal to invest in?

According to Musaffa's Shariah screening methodology, Bank Of Botetourt (BORT) 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 Botetourt 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 Botetourt using these criteria to determine its compliance status.

Can Muslims buy shares of Bank Of Botetourt?

Muslim investors may consider investing in Bank Of Botetourt 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 Botetourt classified as NOT HALAL?

Musaffa determines the Shariah status of Bank Of Botetourt 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 Botetourt updated?

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

Can a halal stock like Bank Of Botetourt 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 Botetourt?

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

BORT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Bank Of Botetourt. Stock Analysis BORT

United States Financials Micro Cap Report: Q3, 2024

Bank of Botetourt operates as a bank holding company, which engages in the provision of personal and business banking services. The company is headquartered in Buchanan, Virginia. The company went IPO on 2023-01-19. The Bank operates fourteen retail offices across Botetourt, Franklin, Roanoke, and Rockbridge counties, as well as the Cities of Roanoke and Salem and the Towns of Vinton and Rocky Mount in Virginia. The Bank operates Virginia Mountain Mortgage, its residential lending division, and Botetourt Wealth Management, offering financial planning and investment services. The Bank provides checking and savings accounts, money market accounts, and certificates of deposit. The company also offers real estate loans, including single and multifamily housing loans, farm loans, residential and commercial construction loans, and loans for commercial real estate, agricultural production loans, commercial loans, and consumer loans, such as loans for household expenditures, auto loans, and other associated services.

Key Statistics of Bank Of Botetourt (BORT)

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

Today's Range

$52.38$52.38

Today's Open

$52.38

Volume

200.00

P/E Ratio (TTM)

14.67

52 Week Range

$33.15$52.38

Market Cap

98.27M

Avg. Volume

400.75

Dividend Yield

Financial Metrics & Statements of Bank Of Botetourt (BORT)

FAQ's for Bank Of Botetourt (BORT)

According to Musaffa’s Shariah screening methodology, Bank Of Botetourt (BORT) 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.