Is 1st Summit Bancorp of Johnstown Inc halal to invest in?

According to Musaffa's Shariah screening methodology, 1st Summit Bancorp of Johnstown Inc (FSMK) 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 1st Summit Bancorp of Johnstown Inc 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 1st Summit Bancorp of Johnstown Inc using these criteria to determine its compliance status.

Can Muslims buy shares of 1st Summit Bancorp of Johnstown Inc?

Muslim investors may consider investing in 1st Summit Bancorp of Johnstown Inc 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 1st Summit Bancorp of Johnstown Inc classified as NOT HALAL?

Musaffa determines the Shariah status of 1st Summit Bancorp of Johnstown Inc 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 1st Summit Bancorp of Johnstown Inc updated?

The Shariah compliance status of 1st Summit Bancorp of Johnstown Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like 1st Summit Bancorp of Johnstown Inc 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 1st Summit Bancorp of Johnstown Inc?

You can check the latest Shariah compliance status of 1st Summit Bancorp of Johnstown Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

FSMK Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

1st Summit Bancorp of Johnstown Inc. Stock Analysis FSMK

United States Financials Micro Cap Report: Q3, 2024

The company is headquartered in Johnstown, Pennsylvania. The company went IPO on 2013-08-05.

Key Statistics of 1st Summit Bancorp of Johnstown Inc (FSMK)

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

Today's Range

$38.56$38.56

Today's Open

$38.56

Volume

100.00

P/E Ratio (TTM)

52 Week Range

$24.90$40.25

Market Cap

84.54M

Avg. Volume

1110.64

Dividend Yield

Financial Metrics & Statements of 1st Summit Bancorp of Johnstown Inc (FSMK)

FAQ's for 1st Summit Bancorp of Johnstown Inc (FSMK)

According to Musaffa’s Shariah screening methodology, 1st Summit Bancorp of Johnstown Inc (FSMK) 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.