Is Heartland Banccorp halal to invest in?

According to Musaffa's Shariah screening methodology, Heartland Banccorp (HLAN) 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 Heartland Banccorp 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 Heartland Banccorp using these criteria to determine its compliance status.

Can Muslims buy shares of Heartland Banccorp?

Muslim investors may consider investing in Heartland Banccorp 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 Heartland Banccorp classified as NOT HALAL?

Musaffa determines the Shariah status of Heartland Banccorp 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 Heartland Banccorp updated?

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

Can a halal stock like Heartland Banccorp 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 Heartland Banccorp?

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

HLAN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 10, 2025

Report Source: 2024 3rd Quarter Report

Analyst's Ratings for Heartland Banccorp (HLAN)

Based on 7 analysts giving stock ratings to Heartland Banccorp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Heartland Banccorp. Stock Analysis HLAN

United States Financials Small Cap Report: Q3, 2024

Heartland BancCorp is a bank holding company, which engages in the business of operating full-service banking offices. The company is headquartered in Whitehall, Ohio. The Company’s principal activity is the ownership and management of its subsidiaries, Heartland Bank (the Bank) and TransCounty Title Agency, LLC. The Bank is primarily engaged in providing a full range of commercial, small business and consumer banking services; professional financial planning services; and other financial products and services in central Ohio and Greater Cincinnati. The Bank operates approximately 20 full-service offices located in Fairfield, Franklin and Licking Counties of Central Ohio and Boone, Campbell and Kenton counties of Northern Kentucky. The company offers personal banking, business banking and lending services and products. Personal banking offering includes checking, savings, online banking, mobile wallet, rate center, debit and credit cards, and additional products and services. Business banking offering includes checking, savings, treasury management, products and services, and rate center.

Key Statistics of Heartland Banccorp (HLAN)

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

Today's Range

$160.00$162.00

Today's Open

$162.00

Volume

227.00

P/E Ratio (TTM)

9.28

52 Week Range

$145.90$164.70

Market Cap

322.60M

Avg. Volume

1567.31

Dividend Yield

Financial Metrics & Statements of Heartland Banccorp (HLAN)

FAQ's for Heartland Banccorp (HLAN)

According to Musaffa’s Shariah screening methodology, Heartland Banccorp (HLAN) 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.