Is North Dallas Bank & Trust Co halal to invest in?

According to Musaffa's Shariah screening methodology, North Dallas Bank & Trust Co (NODB) 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 North Dallas Bank & Trust Co 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 North Dallas Bank & Trust Co using these criteria to determine its compliance status.

Can Muslims buy shares of North Dallas Bank & Trust Co?

Muslim investors may consider investing in North Dallas Bank & Trust Co 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 North Dallas Bank & Trust Co classified as NOT HALAL?

Musaffa determines the Shariah status of North Dallas Bank & Trust Co 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 North Dallas Bank & Trust Co updated?

The Shariah compliance status of North Dallas Bank & Trust Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like North Dallas Bank & Trust Co 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 North Dallas Bank & Trust Co?

You can check the latest Shariah compliance status of North Dallas Bank & Trust Co on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NODB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 29, 2024

Report Source: 2023 Annual Report

North Dallas Bank & Trust Co. Stock Analysis NODB

United States Financials Micro Cap Report: 2023 Annual

North Dallas Bank & Trust Co. provides banking products and services for individuals and businesses. The company provides various services, including personal banking, personal borrowing, business banking and business borrowing. Its loan portfolio includes commercial, commercial real estate, residential real estate, interim construction loans, Equipment Financing, and other loans. Its personal banking services include personal checking, personal saving, personal debit cards, and personal certificate of deposits (CDs) and individual retirement account (IRAs). Its personal borrowing services include personal loans, mortgages and personal credit cards. Its business banking services include business checking, business saving, business debit cards, and treasury management. Its business borrowing services include small business line of credit, and small business term loan. The company has five banking center locations in North Texas.

Key Statistics of North Dallas Bank & Trust Co (NODB)

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

Today's Range

$63.25$63.39

Today's Open

$63.25

Volume

600.00

P/E Ratio (TTM)

52 Week Range

$54.50$71.50

Market Cap

166.99M

Avg. Volume

1626.77

Dividend Yield

Financial Metrics & Statements of North Dallas Bank & Trust Co (NODB)

FAQ's for North Dallas Bank & Trust Co (NODB)

According to Musaffa’s Shariah screening methodology, North Dallas Bank & Trust Co (NODB) 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.