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Is Coastal Carolina Bancshares Inc Stock Halal?
Shariah Compliance Analysis of CCNB Stock
United States N/A Micro Cap No. As of October 2026, Coastal Carolina Bancshares Inc (CCNB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Coastal Carolina Bancshares Inc does not pass Musaffa's business and financial screening criteria.
Coastal Carolina Bancshares, Inc. is a holding company, which provides banking services to domestic markets. The company is headquartered in Myrtle Beach, South Carolina. The company went IPO on 2017-06-02. The Bank is a nationally chartered commercial bank. The principal business activity of the Bank is to provide banking services to domestic markets, principally in Horry County, Richland County, Aiken County, Greenville County, and Spartanburg County, South Carolina. The Bank also provides banking services in Brunswick County, North Carolina. The company offers a range of banking services designed to meet the specific needs of individuals and small and medium-sized businesses. The Company’s loan portfolio consists of loans to individuals and businesses for various personal and commercial purposes primarily in its respective markets. Its personal banking solutions include CCNB checking account options, savings accounts, personal loans and personal credit cards. Its business solutions include checking, commercial loans, business services and CCNB credit cards.
CCNB Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Coastal Carolina Bancshares Inc is classified as not halal.
NOT HALALCoastal Carolina Bancshares Inc (CCNB) Chart
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Financial Metrics & Statements of Coastal Carolina Bancshares Inc (CCNB)
FAQ's for Coastal Carolina Bancshares Inc (CCNB)
- As of October 2026, Coastal Carolina Bancshares Inc CCNB is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Coastal Carolina Bancshares Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Coastal Carolina Bancshares 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.
- Musaffa determines the Shariah status of Coastal Carolina Bancshares Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Coastal Carolina Bancshares Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Coastal Carolina Bancshares Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Coastal Carolina Bancshares Inc (CCNB)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
