Is Delhi Bank Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Delhi Bank Corp (DWNX) 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 Delhi Bank 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 Delhi Bank Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Delhi Bank Corp?

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

Musaffa determines the Shariah status of Delhi Bank 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 Delhi Bank Corp updated?

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

Can a halal stock like Delhi Bank 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 Delhi Bank Corp?

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

DWNX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Delhi Bank Corp. Stock Analysis DWNX

United States Financials Micro Cap Report: Q3, 2024

Delhi Bank Corp. operates as a bank holding company, which provides commercial banking services to individual and small business customers. The company is headquartered in Delhi, New York and currently employs 42 full-time employees. The Bank is a community bank that provides a range of commercial banking services to individual and small business customers in Delaware County, New York and the surrounding counties. The Bank offers deposit products and loan products. Its deposit products include checking accounts, such as personal checking, business checking, NOW account, and health savings accounts (HSA); savings accounts; reduced-price checks, and other services. Its other services include automatic clearing house (ACH) transfers, Automatic transfers and payments, notary public services, personal money orders, rolled coin, safe deposit boxes, Visa/MasterCard merchant accounts, and wire transfers. Its loan products include commercial loans, personal loans, residential real estate loans, agricultural loans, and others.

Key Statistics of Delhi Bank Corp (DWNX)

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

Today's Range

$21.10$21.10

Today's Open

$21.10

Volume

480.00

P/E Ratio (TTM)

26.82

52 Week Range

$20.60$21.30

Market Cap

71.03M

Avg. Volume

8246.67

Dividend Yield

Financial Metrics & Statements of Delhi Bank Corp (DWNX)

FAQ's for Delhi Bank Corp (DWNX)

According to Musaffa’s Shariah screening methodology, Delhi Bank Corp (DWNX) 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.