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CHMG Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: April 30, 2026
Report Source: 2026 1st Quarter Report
Chemung Financial Corp. Stock Analysis CHMG
United States Financials Small Cap Report: Chemung Financial Corp. is a holding company, which engages in the provision of banking, financing, fiduciary, and other financial services. The company is headquartered in Elmira, New York and currently employs 348 full-time employees. The firm through the Chemung Canal Trust Company (Bank) and CFS Group, Inc (CFS), provides a range of financial services, including demand, savings and time deposits, commercial, residential, and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds, and brokerage services. The firm primarily focuses on banking and wealth management services. Its core banking segment attracts deposits from the public and uses such funds to originate consumer, commercial, commercial real estate, and other loans. Wealth management services provided by the Bank include services as executor and trustee under wills and agreements, and guardian, custodian, trustee, and agent for pension, profit-sharing and other employee benefit trusts, as well as various investment, pension, estate planning, and employee benefit administrative services.
Read More Chemung Financial Corp (CHMG) Chart
Key Statistics of Chemung Financial Corp (CHMG)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$71.46Volume
31.29KP/E Ratio (TTM)
22.7652 Week Range
Market Cap
331.70MAvg. Volume
50.28KDividend Yield
1.87%Financial Metrics & Statements of Chemung Financial Corp (CHMG)
FAQ's for Chemung Financial Corp (CHMG)
- According to Musaffa’s Shariah screening methodology, Chemung Financial Corp (CHMG) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Chemung Financial Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Chemung Financial 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.
- Musaffa determines the Shariah status of Chemung Financial Corp 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 Chemung Financial Corp 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 Chemung Financial Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.