Is Burnham Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Burnham Holdings Inc (BURCA) 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 Burnham Holdings 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 Burnham Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Burnham Holdings Inc?

Muslim investors may consider investing in Burnham Holdings 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 Burnham Holdings Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Burnham Holdings 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 Burnham Holdings Inc updated?

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

Can a halal stock like Burnham Holdings 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 Burnham Holdings Inc?

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

BURCA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2025

Report Source: 2024 3rd Quarter Report

Burnham Holdings Inc. Stock Analysis BURCA

United States Industrials Micro Cap Report: Q3, 2024

Burnham Holdings, Inc. engages in the the provision of heating, venting, and air conditioning industry with thermal and interior comfort solutions used in residential, commercial and industrial applications. The company is headquartered in Lancaster, Pennsylvania and currently employs 700 full-time employees. The company went IPO on 2001-07-18. The firm's subsidiaries are domestic manufacturers of boilers and related HVAC products and accessories, including advanced control systems, furnaces, radiators, and air conditioning systems for residential, commercial, and industrial applications. Its residential subsidiaries provide interior comfort solutions for homes and small buildings. Its commercial heating applications include military bases, multi-unit residential buildings, health care, government, education, and hospital facilities. Its industrial applications include any project where steam or hot water is needed. Its product offerings include a range of cast iron, stainless steel, fire-tube, water-tube, and copper-tube boilers, as well as boiler room accessories, for commercial and industrial markets.

Key Statistics of Burnham Holdings Inc (BURCA)

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

Today's Range

$26.15$26.50

Today's Open

$26.25

Volume

2204.00

P/E Ratio (TTM)

52 Week Range

$21.15$28.25

Market Cap

96.96M

Avg. Volume

2086.31

Dividend Yield

4.63%

Financial Metrics & Statements of Burnham Holdings Inc (BURCA)

FAQ's for Burnham Holdings Inc (BURCA)

According to Musaffa’s Shariah screening methodology, Burnham Holdings Inc (BURCA) 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.