Is Mid-Southern Bancorp Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Mid-Southern Bancorp Inc (MSVB) is currently classified as NOT HALAL as of August 2023. 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 Mid-Southern Bancorp 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 Mid-Southern Bancorp Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Mid-Southern Bancorp Inc?

Muslim investors may consider investing in Mid-Southern Bancorp 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 Mid-Southern Bancorp Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Mid-Southern Bancorp 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 Mid-Southern Bancorp Inc updated?

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

Can a halal stock like Mid-Southern Bancorp 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 Mid-Southern Bancorp Inc?

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

MSVB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 31, 2023

Report Source: 2023 2nd Quarter Report

Mid-Southern Bancorp Inc. Stock Analysis MSVB

United States Financials Micro Cap Report: Q2, 2023

Mid-Southern Bancorp, Inc. is a savings and loan holding company, which engages in loans related services through Mid-Southern Savings Bank. The company is headquartered in Salem, Indiana. The company went IPO on 2018-07-12. The firm will dissolve and distribute its remaining assets to its shareholders.

Key Statistics of Mid-Southern Bancorp Inc (MSVB)

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

Today's Range

$17.62$17.69

Today's Open

$17.65

Volume

1600.00

P/E Ratio (TTM)

33.95

52 Week Range

$13.94$17.69

Market Cap

50.49M

Avg. Volume