As of August 2026, New Peoples Bankshares Inc is classified as not halal.
NOT HALAL
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New Peoples Bankshares Inc. Stock Analysis NWPP
United States Financials Micro Cap
New Peoples Bankshares, Inc. is a financial holding company, which offers a range of banking and financial services to individuals and small to medium size businesses through its subsidiary. The company is headquartered in Honaker, Virginia and currently employs 177 full-time employees. The company went IPO on 2011-04-01. The Company’s business is conducted primarily through New Peoples Bank, Inc. (the Bank), a banking corporation. The Bank has a division doing business as New Peoples Financial Services, which offers investment services. The Bank offers a range of banking and related financial services focused primarily on serving individuals, small to medium-sized businesses and the professional community. The company accepts deposits, makes consumer and commercial loans, issue drafts, and provides other services customarily offered by a commercial bank, such as business and personal checking and savings accounts, walk-up tellers, drive-in windows, and 24-hour automated teller machines (ATMs). The company offers a full range of short-medium- and longer-term commercial, 1-4 family residential mortgages and personal loans. Its commercial loans include both secured and unsecured loans for working capital, including inventory and receivables.
New Peoples Bankshares Inc (NWPP) Chart
Financial Metrics & Statements of New Peoples Bankshares Inc (NWPP)
FAQ's for New Peoples Bankshares Inc (NWPP)
As of August 2026, New Peoples Bankshares Inc NWPP 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 New Peoples Bankshares Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.