Is Harleysville Financial Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Harleysville Financial Corp (HARL) is currently classified as NOT HALAL as of April 2024. 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 Harleysville 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 Harleysville Financial Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Harleysville Financial Corp?

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

Musaffa determines the Shariah status of Harleysville 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 Harleysville Financial Corp updated?

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

Can a halal stock like Harleysville 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 Harleysville Financial Corp?

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

HARL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 25, 2024

Report Source: 2023 Annual Report

Harleysville Financial Corp. Stock Analysis HARL

United States Financials Micro Cap Report: 2023 Annual

Harleysville Financial Corp. is a bank holding company, which engages in the provision of commercial banking and financial services through Harleysville Savings Bank. The Bank operates from six full-service offices located in Montgomery County and one full-service office located in Bucks County, Pennsylvania. Its primary business consists of attracting deposits from the general public and business customers through a variety of deposit programs and investing such deposits in first mortgage loans secured by residential properties in the Bank’s primary market area. The company also originates from a variety of consumer loans, predominately home equity loans and lines of credit also secured by residential properties in the Bank’s primary lending area. The company is also engaged in the general commercial banking business and provides a full range of commercial loans and commercial real estate loans to customers in the Bank’s primary market area. The company serves its customers through its full-service branch network, the Internet, telephone, and mobile banking.

Key Statistics of Harleysville Financial Corp (HARL)

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

Today's Range

$28.00$28.00

Today's Open

$28.00

Volume

430.00

P/E Ratio (TTM)

11.93

52 Week Range

$21.75$28.15

Market Cap

103.11M

Avg. Volume

1379.30

Dividend Yield

4.86%

Financial Metrics & Statements of Harleysville Financial Corp (HARL)

FAQ's for Harleysville Financial Corp (HARL)

According to Musaffa’s Shariah screening methodology, Harleysville Financial Corp (HARL) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.