Is Citizens Bancorp of Virginia Inc halal to invest in?

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

Can Muslims buy shares of Citizens Bancorp of Virginia Inc?

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

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

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

Can a halal stock like Citizens Bancorp of Virginia 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 Citizens Bancorp of Virginia Inc?

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

CZBT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2024

Report Source: 2023 Annual Report

Citizens Bancorp of Virginia Inc. Stock Analysis CZBT

United States Financials Micro Cap Report: 2023 Annual

Citizens Bancorp of Virginia, Inc. operates as a bank holding company. The company is headquartered in Blackstone, Virginia. The company went IPO on 2002-06-04. The Bank conducts the general business of a commercial bank. The Bank’s primary trade areas are in the Virginia counties of Nottoway, Amelia, Prince Edward, Brunswick, Buckingham, Charlotte, Chesterfield, Cumberland, Dinwiddie, Lunenburg, Mecklenburg, Powhatan, Goochland and the cities of Colonial Heights, Richmond and Petersburg. The Bank offers traditional lending and deposit products to businesses and individuals. The company offers personal checking and savings, certificates of deposit, individual retirement accounts, credit cards, business checking and savings, merchant services, and business credit cards. Its other services include Coin Counting, eStatements, Notary Services, Safe Deposit Boxes, CardSuite Lite, 24-Hour Automated Telephone Banking and Mobile Debit Card Alerts.

Key Statistics of Citizens Bancorp of Virginia Inc (CZBT)

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

Today's Range

$39.00$39.00

Today's Open

$39.00

Volume

14.73K

P/E Ratio (TTM)

9.36

52 Week Range

$28.00$41.50

Market Cap

90.17M

Avg. Volume

2881.69

Dividend Yield

Financial Metrics & Statements of Citizens Bancorp of Virginia Inc (CZBT)

FAQ's for Citizens Bancorp of Virginia Inc (CZBT)

According to Musaffa’s Shariah screening methodology, Citizens Bancorp of Virginia Inc (CZBT) 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.