As of August 2026, Primis Financial Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Primis Financial Corp. Stock Analysis FRST
United States Financials Small Cap
Primis Financial Corp. is a holding company, which engages in the provision of financial services through its subsidiary Sonabank. The company is headquartered in Mclean, Virginia and currently employs 593 full-time employees. The company went IPO on 2006-11-01. The Bank provides a range of financial services to individuals and small- and medium-sized businesses through approximately 24 full-service branches in Virginia and Maryland and provides services to customers through certain online and mobile applications. The firm's segments include Primis Bank and Primis Mortgage. The Primis Bank segment specializes in providing financing services to businesses in various industries and deposit-related services to businesses, consumers and other customers. The Primis Mortgage segment specializes in originating mortgages in a majority of the United States. The Bank invests in real estate-related securities, including collateralized mortgage obligations and agency mortgage-backed securities. The Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
Primis Financial Corp (FRST) Chart
Financial Metrics & Statements of Primis Financial Corp (FRST)
FAQ's for Primis Financial Corp (FRST)
As of August 2026, Primis Financial Corp FRST is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Primis Financial Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Primis 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.
Musaffa determines the Shariah status of Primis Financial Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Primis Financial Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Primis Financial Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.