Merchants Financial Group Inc MFGI
$42.43 $0.16 (0.38%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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MFGI Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Merchants Financial Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Merchants Financial Group Inc. Stock Analysis MFGI
United States Financials Small Cap Merchants Financial Group, Inc. is a holding company, which engages in the provision of retail, commercial loan, and deposit services. The company is headquartered in Winona, Minnesota. The company went IPO on 2001-07-24. The company provides retail, commercial loan and deposit services principally to customers within a 50-mile radius of its locations. Its products and services include banking, business, home loans, and wealth. Its banking products include spend, save, kids and students, and loans and credit cards. Its business products include checking, savings, loans, equipment finance, treasury management, and business credit cards. Its home loan products include mortgage, construction, home equity, mortgage resources, correspondent mortgage, and banking. Its wealth products include investment services, trust services, and wealth resources. The company has branch operations in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hampton, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield, Minnesota; and Onalaska and Eau Claire, Wisconsin.
Merchants Financial Group Inc (MFGI) Chart
Financial Metrics & Statements of Merchants Financial Group Inc (MFGI)
FAQ's for Merchants Financial Group Inc (MFGI)
- As of August 2026, Merchants Financial Group Inc MFGI 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 Merchants Financial Group Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Merchants Financial Group 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.
- Musaffa determines the Shariah status of Merchants Financial Group Inc 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 Merchants Financial Group Inc 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 Merchants Financial Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.