Is First Farmers and Merchants Corp halal to invest in?

According to Musaffa's Shariah screening methodology, First Farmers and Merchants Corp (FFMH) 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 First Farmers and Merchants 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 First Farmers and Merchants Corp using these criteria to determine its compliance status.

Can Muslims buy shares of First Farmers and Merchants Corp?

Muslim investors may consider investing in First Farmers and Merchants 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 First Farmers and Merchants Corp classified as NOT HALAL?

Musaffa determines the Shariah status of First Farmers and Merchants 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 First Farmers and Merchants Corp updated?

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

Can a halal stock like First Farmers and Merchants 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 First Farmers and Merchants Corp?

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

FFMH Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 13, 2025

Report Source: 2024 2nd Quarter Report

First Farmers and Merchants Corp. Stock Analysis FFMH

United States Financials Micro Cap Report: Q2, 2024

First Farmers & Merchants Corp. operates as a bank holding company. The company is headquartered in Columbia, Tennessee. The company went IPO on 2009-09-09. The company is primarily engaged in providing a full range of banking and financial services, including lending, investing of funds, obtaining deposits, trust and wealth management operations, and other financing activities to individual and corporate customers in the Middle Tennessee area. Its personal banking products and services include checking and savings, retire and invest, personal loans, mortgage and home equity, credit cards, and online and mobile banking. Its business banking products and services include loans, SBA lending solutions, banking accounts, credit cards, online and mobile, and retire and invest. Its treasury management products and services include accounts receivable, accounts payable, fraud prevention solutions, and account management solutions.

Key Statistics of First Farmers and Merchants Corp (FFMH)

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

Today's Range

$55.00$57.00

Today's Open

$55.48

Volume

750.00

P/E Ratio (TTM)

14.54

52 Week Range

$38.70$57.00

Market Cap

229.72M

Avg. Volume

1292.44

Dividend Yield

Financial Metrics & Statements of First Farmers and Merchants Corp (FFMH)

FAQ's for First Farmers and Merchants Corp (FFMH)

According to Musaffa’s Shariah screening methodology, First Farmers and Merchants Corp (FFMH) 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.