Is F & M Bank Corp halal to invest in?

According to Musaffa's Shariah screening methodology, F & M Bank Corp (FMBM) 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 F & M 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 F & M Bank Corp using these criteria to determine its compliance status.

Can Muslims buy shares of F & M Bank Corp?

Muslim investors may consider investing in F & M 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 F & M Bank Corp classified as NOT HALAL?

Musaffa determines the Shariah status of F & M 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 F & M Bank Corp updated?

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

Can a halal stock like F & M 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 F & M Bank Corp?

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

FMBM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2025

Report Source: 2024 3rd Quarter Report

F & M Bank Corp. Stock Analysis FMBM

United States Financials Micro Cap Report: Q3, 2024

F&M Bank Corp. operates as a bank holding company, which engages in the provision of commercial banking services, including commercial and individual demand and time deposit accounts, repurchase agreements for commercial customers, commercial and individual loans, Internet banking, drive-in banking services, as well as a courier service for its commercial banking customers. The company is headquartered in Timberville, Virginia and currently employs 173 full-time employees. The firm operates through its banking subsidiaries, Farmers & Merchants Bank (Bank) and VSTitle, LLC (VST). The Bank is a state-chartered bank. As a commercial bank, it offers a range of banking services, including commercial and individual demand and time deposit accounts, commercial and individual loans, Internet and mobile banking, drive-in banking services, automated teller machines (ATMs), as well as a courier service for its commercial banking customers. The Bank provides various types of commercial and consumer loans and has a large portfolio of residential mortgages and indirect auto loans. VST provides title insurance services to the customers in its market area, including VBS Mortgage, LLC (F&M Mortgage) and the Bank. The Bank operates approximately 14 branches and a dealer finance division in the Shenandoah Valley of Virginia. The Dealer Finance Division specializes in providing automobile financing.

Key Statistics of F & M Bank Corp (FMBM)

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

Today's Range

$33.53$34.23

Today's Open

$33.53

Volume

201.00

P/E Ratio (TTM)

10.93

52 Week Range

$19.20$34.75

Market Cap

117.45M

Avg. Volume

1313.59

Dividend Yield

3.01%

Financial Metrics & Statements of F & M Bank Corp (FMBM)

FAQ's for F & M Bank Corp (FMBM)

According to Musaffa’s Shariah screening methodology, F & M Bank Corp (FMBM) 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.