Is Citizens Bancorp halal to invest in?

According to Musaffa's Shariah screening methodology, Citizens Bancorp (CZBC) 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 Citizens Bancorp 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 Citizens Bancorp using these criteria to determine its compliance status.

Can Muslims buy shares of Citizens Bancorp?

Muslim investors may consider investing in Citizens Bancorp 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 Citizens Bancorp classified as NOT HALAL?

Musaffa determines the Shariah status of Citizens Bancorp 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 Citizens Bancorp updated?

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

Can a halal stock like Citizens Bancorp 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 Citizens Bancorp?

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

CZBC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2024

Report Source: 2023 Annual Report

Citizens Bancorp. Stock Analysis CZBC

United States Financials Micro Cap Report: 2023 Annual

Citizens Bancorp operates as a bank holding company for Citizens Bank which provides banking services to businesses and individuals in Willamette Valley communities. The company is headquartered in Corvallis, Oregon and currently employs 1,667 full-time employees. The company went IPO on 2005-05-24. The Bank provides banking products and services from its branches located in Benton, Clackamas, Lane, Linn, Marion, Polk, Washington, and Yamhill Counties in Oregon. Its financial services include full-service deposit services for both individual and business customers, including checking, savings, money market and time deposit accounts. The Bank also offers a variety of lending services, including commercial and consumer loans, and technology products, such as Internet banking, online bill pay and mobile banking services. Its personal services include personal checking, personal savings, digital banking, personal loans, mortgages, online security and order checks. Its business banking services include business checking, business savings, business loans, merchant services, digital banking for business, remote deposit capture, order checks and online security.

Key Statistics of Citizens Bancorp (CZBC)

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

Today's Range

$13.85$14.69

Today's Open

$13.85

Volume

600.00

P/E Ratio (TTM)

52 Week Range

$9.42$14.69

Market Cap

81.00M

Avg. Volume

1773.18

Dividend Yield

Financial Metrics & Statements of Citizens Bancorp (CZBC)

FAQ's for Citizens Bancorp (CZBC)

According to Musaffa’s Shariah screening methodology, Citizens Bancorp (CZBC) 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.