As of August 2026, Katahdin Bankshares Corp is classified as not halal.
NOT HALAL
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Katahdin Bankshares Corp. Stock Analysis KTHN
United States Financials Micro Cap
Katahdin Bankshares Corp. operates as a holding company. The company is headquartered in Houlton, Maine and currently employs 186 full-time employees. The company went IPO on 2002-04-08. The firm's subsidiary, Katahdin Trust Company (the Bank), is a state-chartered commercial bank with deposits insured by the Federal Deposit Insurance Corporation (FDIC). The Bank has 16 full-service branches throughout northern Maine and the greater Bangor and Portland regions. Maine Financial Group (MFG), a doing-business-as a trade name for the Bank, provides heavy equipment financing in the trucking, construction, forest products, and marine industries located around northern New England. Its personal deposit products include personal checking, personal savings, health savings accounts, money market, rates, and online account opening. Its other services include business cards, credit cards, telephone banking, reorder checks, and report lost or stolen cards. Its digital banking services include bill pay, business mobile banking, mobile wallets, and CardValet.
Katahdin Bankshares Corp (KTHN) Chart
Financial Metrics & Statements of Katahdin Bankshares Corp (KTHN)
FAQ's for Katahdin Bankshares Corp (KTHN)
As of August 2026, Katahdin Bankshares Corp KTHN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Katahdin Bankshares Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Katahdin Bankshares 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.
Musaffa determines the Shariah status of Katahdin Bankshares Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Katahdin Bankshares Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Katahdin Bankshares Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.