Is Consumers Bancorp Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Consumers Bancorp Inc (CBKM) 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 Consumers Bancorp 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 Consumers Bancorp Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Consumers Bancorp Inc?

Muslim investors may consider investing in Consumers Bancorp 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 Consumers Bancorp Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Consumers Bancorp 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 Consumers Bancorp Inc updated?

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

Can a halal stock like Consumers Bancorp 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 Consumers Bancorp Inc?

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

CBKM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2025 1st Quarter Report

Consumers Bancorp Inc. Stock Analysis CBKM

United States Financials Micro Cap Report: Q1, 2025

Consumers Bancorp, Inc. engages in providing commercial and retail banking. The company is headquartered in Minerva, Ohio and currently employs 178 full-time employees. The Bank’s business involves attracting deposits from businesses and individual customers and using such deposits to originate commercial, mortgage and consumer loans in its primary market area. The Bank also invests in securities consisting primarily of the United States government-sponsored entities, municipal obligations, mortgage-backed and collateralized mortgage obligations. Its deposit products include business and personal savings accounts, negotiable order of withdrawal accounts, time deposits and demand accounts, as well as certificates of deposit. The firm operates through its approximately 22 full-service locations and one loan production office in Carroll, Columbiana, Jefferson, Mahoning, Stark, and Summit counties in Ohio, as well as it operates in northeast Ohio, western Pennsylvania, and northern West Virginia.

Key Statistics of Consumers Bancorp Inc (CBKM)

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

Today's Range

$26.50$26.79

Today's Open

$26.61

Volume

3981.00

P/E Ratio (TTM)

9.71

52 Week Range

$18.45$27.45

Market Cap

84.12M

Avg. Volume

2173.41

Dividend Yield

2.99%

Financial Metrics & Statements of Consumers Bancorp Inc (CBKM)

FAQ's for Consumers Bancorp Inc (CBKM)

According to Musaffa’s Shariah screening methodology, Consumers Bancorp Inc (CBKM) 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.