Is Marine Bancorp of Florida Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Marine Bancorp of Florida Inc (MBOF) 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 Marine Bancorp of Florida 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 Marine Bancorp of Florida Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Marine Bancorp of Florida Inc?

Muslim investors may consider investing in Marine Bancorp of Florida 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 Marine Bancorp of Florida Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Marine Bancorp of Florida 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 Marine Bancorp of Florida Inc updated?

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

Can a halal stock like Marine Bancorp of Florida 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 Marine Bancorp of Florida Inc?

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

MBOF Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2023 Annual Report

Marine Bancorp of Florida Inc. Stock Analysis MBOF

United States N/A Nano Cap Report: 2023 Annual

The company is headquartered in Vero Beach, Florida. The company went IPO on 2019-06-28.

Key Statistics of Marine Bancorp of Florida Inc (MBOF)

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

Today's Range

$43.75$43.75

Today's Open

$43.75

Volume

300.00

P/E Ratio (TTM)

52 Week Range

$37.45$44.00

Market Cap

Avg. Volume