Is Croghan Bancshares Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Croghan Bancshares Inc (CHBH) 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 Croghan Bancshares 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 Croghan Bancshares Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Croghan Bancshares Inc?

Muslim investors may consider investing in Croghan 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.

Why is Croghan Bancshares Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Croghan Bancshares 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 Croghan Bancshares Inc updated?

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

Can a halal stock like Croghan Bancshares 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 Croghan Bancshares Inc?

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

CHBH Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2025

Report Source: 2024 3rd Quarter Report

Croghan Bancshares Inc. Stock Analysis CHBH

United States Financials Micro Cap Report: Q3, 2024

Croghan Bancshares, Inc. is a bank holding company, which engages in the provision of commercial and retail banking services. The company is headquartered in Fremont, Ohio and currently employs 202 full-time employees. The Bank offers a diverse range of commercial and retail banking services through its 19 banking centers located in Bellevue, Clyde, Curtice, Fremont, Green Springs, Monroeville, Norwalk, Maumee, Milan, Oak Harbor, Oregon, Port Clinton, and Tiffin, Ohio. Products are comprised of traditional banking services such as consumer, commercial, agricultural and real estate loans, personal and business checking accounts, savings accounts, time deposit accounts, safe deposit box services, and trust department services. Its personal banking services include deposit accounts, savings options, digital services and credit & debit cards. The company offers Gen$pend, E-Z Checking, classic checking, interest checking and overdraft protection. Its business banking services include business online banking, business mobile banking, business bill pay, and merchant services.

Key Statistics of Croghan Bancshares Inc (CHBH)

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

Today's Range

$59.36$59.61

Today's Open

$59.61

Volume

700.00

P/E Ratio (TTM)

10.99

52 Week Range

$47.25$60.99

Market Cap

134.82M

Avg. Volume

978.18

Dividend Yield

4.73%

Financial Metrics & Statements of Croghan Bancshares Inc (CHBH)

FAQ's for Croghan Bancshares Inc (CHBH)

According to Musaffa’s Shariah screening methodology, Croghan Bancshares Inc (CHBH) 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.