Is JD Bancshares Inc halal to invest in?

According to Musaffa's Shariah screening methodology, JD Bancshares Inc (JDVB) 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 JD Bancshares 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 JD Bancshares Inc using these criteria to determine its compliance status.

Can Muslims buy shares of JD Bancshares Inc?

Muslim investors may consider investing in JD Bancshares 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 JD Bancshares Inc classified as NOT HALAL?

Musaffa determines the Shariah status of JD Bancshares 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 JD Bancshares Inc updated?

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

Can a halal stock like JD Bancshares 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 JD Bancshares Inc?

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

JDVB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2024

Report Source: 2023 Annual Report

JD Bancshares Inc. Stock Analysis JDVB

United States Financials Micro Cap Report: 2023 Annual

JD Bancshares, Inc. is a bank holding company, which engages in the provision of banking services through its subsidiary. The company is headquartered in Jennings, Louisiana. The company went IPO on 2001-07-26. JD Bank offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. The Bank also offers both trust and investment services. The Bank provides a variety of banking services to individuals and businesses primarily in and around southern Louisiana. The Bank’s primary deposit products are demand deposits, savings deposits, and certificates of deposits, and its primary lending products are commercial, real estate, and consumer loans. JD Bank operates through 21 full-service branch offices and two loan and deposit production offices located along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana.

Key Statistics of JD Bancshares Inc (JDVB)

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

Today's Range

$33.90$33.90

Today's Open

$33.90

Volume

800.00

P/E Ratio (TTM)

52 Week Range

$25.35$34.88

Market Cap

113.16M

Avg. Volume

567.83

Dividend Yield

Financial Metrics & Statements of JD Bancshares Inc (JDVB)

FAQ's for JD Bancshares Inc (JDVB)

According to Musaffa’s Shariah screening methodology, JD Bancshares Inc (JDVB) 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.