Is Dogwood State Bank halal to invest in?

According to Musaffa's Shariah screening methodology, Dogwood State Bank (DSBX) 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 Dogwood State Bank 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 Dogwood State Bank using these criteria to determine its compliance status.

Can Muslims buy shares of Dogwood State Bank?

Muslim investors may consider investing in Dogwood State Bank 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 Dogwood State Bank classified as NOT HALAL?

Musaffa determines the Shariah status of Dogwood State Bank 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 Dogwood State Bank updated?

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

Can a halal stock like Dogwood State Bank 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 Dogwood State Bank?

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

DSBX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 13, 2025

Report Source: 2024 3rd Quarter Report

Dogwood State Bank. Stock Analysis DSBX

United States Financials Small Cap Report: Q3, 2024

The company is headquartered in Raleigh, North Carolina. The company went IPO on 2019-10-09.

Key Statistics of Dogwood State Bank (DSBX)

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

Today's Range

$24.07$24.50

Today's Open

$24.18

Volume

6826.00

P/E Ratio (TTM)

52 Week Range

$13.60$25.02

Market Cap

416.69M

Avg. Volume

17.34K

Dividend Yield

Financial Metrics & Statements of Dogwood State Bank (DSBX)

FAQ's for Dogwood State Bank (DSBX)

According to Musaffa’s Shariah screening methodology, Dogwood State Bank (DSBX) 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.