Is CNB Corp halal to invest in?

According to Musaffa's Shariah screening methodology, CNB Corp (CNBW) is currently classified as NOT HALAL as of April 2024. 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 CNB 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 CNB Corp using these criteria to determine its compliance status.

Can Muslims buy shares of CNB Corp?

Muslim investors may consider investing in CNB 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 CNB Corp classified as NOT HALAL?

Musaffa determines the Shariah status of CNB 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 CNB Corp updated?

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

Can a halal stock like CNB 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 CNB Corp?

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

CNBW Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2024

Report Source: 2023 Annual Report

CNB Corp. Stock Analysis CNBW

United States Financials Micro Cap Report: 2023 Annual

CNB Corp. (South Carolina) is a bank holding company, which provides commercial banking services. The company is headquartered in Conway, South Carolina. The company went IPO on 2002-08-05. CNB is a community bank, offers personal banking products and services, including personal checking; personal savings, including health savings, education savings, certificates of deposit (CDs), individual retirement accounts (IRAs), money market deposit accounts, and others; personal loans, such as mortgage and construction, credit line, auto loans and home equity loans; online banking; mobile banking, and safe deposit boxes for secure storage of important documents and personal records. The CNB's business banking products and services include business checking, including small business, commercial and reorder checks; business savings, including SEP/simple plans; business loans; online banking; online banking, merchant services, and others. CNB operates approximately 15 offices in Horry County and the Waccamaw Neck area of Georgetown County.

Key Statistics of CNB Corp (CNBW)

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

Today's Range

$90.00$90.00

Today's Open

$90.00

Volume

7177.00

P/E Ratio (TTM)

38.83

52 Week Range

$58.60$90.00

Market Cap

141.19M

Avg. Volume