Is California First Leasing Corp halal to invest in?

According to Musaffa's Shariah screening methodology, California First Leasing Corp (CFNB) 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 California First Leasing Corp 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 California First Leasing Corp using these criteria to determine its compliance status.

Can Muslims buy shares of California First Leasing Corp?

Muslim investors may consider investing in California First Leasing Corp 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 California First Leasing Corp classified as NOT HALAL?

Musaffa determines the Shariah status of California First Leasing Corp 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 California First Leasing Corp updated?

The Shariah compliance status of California First Leasing Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like California First Leasing Corp 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 California First Leasing Corp?

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

CFNB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 11, 2025

Report Source: 2024 Annual Report

California First Leasing Corp. Stock Analysis CFNB

United States Financials Micro Cap Report: 2024 Annual

California First Leasing Corp. engages in investments on equity securities of public companies trading on established markets. The company is headquartered in Newport Beach, California. The firm is engaged in leasing and financing capital assets to businesses and other commercial or non-profit organizations. The company provides commercial finance, UniversityLease, K-12, healthcare, and government. Its UniversityLease business caters solely to the academic and financial objectives of colleges, universities, and research institutions. The company provides services to meet the needs of all types of healthcare organizations, including senior and assisted-living facilities, hospitals and related clinics and ambulatory surgery centers, and others. Its K-12 offers lease financing dedicated to serving the needs of K-12 school districts throughout the United States. The company specializes in municipal lease financing for state and local municipalities. The firm finances various types of equipment used by cities, which include fire trucks, police vehicles, ambulances, construction equipment, and others.

Key Statistics of California First Leasing Corp (CFNB)

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

Today's Range

$30.81$31.00

Today's Open

$30.81

Volume

1001.00

P/E Ratio (TTM)

13.98

52 Week Range

$18.40$32.00

Market Cap

258.43M

Avg. Volume

2183.67

Dividend Yield

Financial Metrics & Statements of California First Leasing Corp (CFNB)

FAQ's for California First Leasing Corp (CFNB)

According to Musaffa’s Shariah screening methodology, California First Leasing Corp (CFNB) 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.