Is Farmers & Merchants Bank of Long Beach halal to invest in?

According to Musaffa's Shariah screening methodology, Farmers & Merchants Bank of Long Beach (FMBL) 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 Farmers & Merchants Bank of Long Beach 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 Farmers & Merchants Bank of Long Beach using these criteria to determine its compliance status.

Can Muslims buy shares of Farmers & Merchants Bank of Long Beach?

Muslim investors may consider investing in Farmers & Merchants Bank of Long Beach 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 Farmers & Merchants Bank of Long Beach classified as NOT HALAL?

Musaffa determines the Shariah status of Farmers & Merchants Bank of Long Beach 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 Farmers & Merchants Bank of Long Beach updated?

The Shariah compliance status of Farmers & Merchants Bank of Long Beach may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Farmers & Merchants Bank of Long Beach 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 Farmers & Merchants Bank of Long Beach?

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

FMBL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 09, 2025

Report Source: 2024 3rd Quarter Report

Farmers & Merchants Bank of Long Beach. Stock Analysis FMBL

United States Financials Small Cap Report: Q3, 2024

Farmers & Merchants Bank of Long Beach engages in the provision of personal and business banking services. The Bank's services include business and personal. The Bank's business services include business banking, treasury management, commercial lending and specialty services. Its business banking includes business checking, business savings, business credit cards, and fraud and security. Its commercial lending includes commercial real estate loans, specialty lending group, small business administration, and commercial and industrial lending. The Bank's personal services include personal banking and home loans. Its personal banking includes personal checking, personal savings, personal credit card, youth accounts, and fraud and security. The Bank provides white-glove service to clients at approximately 27 branches from San Clemente to Santa Barbara, as well as through its online and mobile banking platforms.

Key Statistics of Farmers & Merchants Bank of Long Beach (FMBL)

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

Today's Range

$8,425.00$8,495.00

Today's Open

$8,445.00

Volume

42.00

P/E Ratio (TTM)

15.36

52 Week Range

$5,500.00$8,600.00

Market Cap

1.05B

Avg. Volume

47.86

Dividend Yield

2.32%

Financial Metrics & Statements of Farmers & Merchants Bank of Long Beach (FMBL)

FAQ's for Farmers & Merchants Bank of Long Beach (FMBL)

According to Musaffa’s Shariah screening methodology, Farmers & Merchants Bank of Long Beach (FMBL) 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.