Is Inbankshares Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Inbankshares Corp (INBC) 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 Inbankshares 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 Inbankshares Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Inbankshares Corp?

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

Musaffa determines the Shariah status of Inbankshares 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 Inbankshares Corp updated?

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

Can a halal stock like Inbankshares 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 Inbankshares Corp?

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

INBC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Inbankshares Corp. Stock Analysis INBC

United States Financials Micro Cap Report: Q3, 2024

Inbankshares Corp. operates as bank holding company which offers a full suite of commercial, business, personal and mortgage banking solutions with a focus on personalized service, technology and local decision-making. The company is headquartered in Denver, Colorado. The company went IPO on 2020-01-10. The Bank is an independent commercial bank growing throughout the Colorado Front Range. The InBank serves southern Colorado and northern New Mexico markets. InBank offers a full suite of commercial, business, personal and mortgage banking solutions with a focus on personalized service, technology, and local decision-making. The company provides a full range of banking and mortgage services to individual and business customers. The Bank operates 18 branches across New Mexico and Colorado. Its Colorado locations include 13 branches located in Boulder, Buena Vista, Canon City, Colorado Springs, Denver, Greenwood Village, Lamar, Pueblo West, Trinidad, and Wiley. Its New Mexico locations include five branches located in Angel Fire, Cimarron, Raton and Springer.

Key Statistics of Inbankshares Corp (INBC)

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

Today's Range

$11.72$11.77

Today's Open

$11.72

Volume

37.16K

P/E Ratio (TTM)

52 Week Range

$9.50$12.65

Market Cap

141.41M

Avg. Volume

5242.27

Dividend Yield

Financial Metrics & Statements of Inbankshares Corp (INBC)

FAQ's for Inbankshares Corp (INBC)

According to Musaffa’s Shariah screening methodology, Inbankshares Corp (INBC) 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.