Is First Farmers Financial Corp halal to invest in?

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

Can Muslims buy shares of First Farmers Financial Corp?

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

Musaffa determines the Shariah status of First Farmers Financial 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 Financial Corp updated?

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

Can a halal stock like First Farmers Financial 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 Financial Corp?

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

FFMR Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 09, 2025

Report Source: 2024 3rd Quarter Report

First Farmers Financial Corp. Stock Analysis FFMR

United States Financials Small Cap Report: Q3, 2024

The company is headquartered in Converse, Indiana. The company went IPO on 2013-10-02.

Key Statistics of First Farmers Financial Corp (FFMR)

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

Today's Range

$66.50$67.00

Today's Open

$66.90

Volume

2600.00

P/E Ratio (TTM)

52 Week Range

$64.10$68.00

Market Cap

473.96M

Avg. Volume

1449.89

Dividend Yield

Financial Metrics & Statements of First Farmers Financial Corp (FFMR)

FAQ's for First Farmers Financial Corp (FFMR)

According to Musaffa’s Shariah screening methodology, First Farmers Financial Corp (FFMR) 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.