Is Oxford Bank Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Oxford Bank Corp (OXBC) 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 Oxford Bank Corp 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 Oxford Bank Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Oxford Bank Corp?

Muslim investors may consider investing in Oxford Bank Corp 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 Oxford Bank Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Oxford Bank Corp 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 Oxford Bank Corp updated?

The Shariah compliance status of Oxford Bank Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Oxford Bank Corp 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 Oxford Bank Corp?

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

OXBC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2023 Annual Report

Oxford Bank Corp. Stock Analysis OXBC

United States Financials Micro Cap Report: 2023 Annual

Oxford Bank Corp. engages in the provision of financial and banking services. The company is headquartered in Oxford, Michigan. The Bank is a commercial bank in Oakland County. The Bank operates full-service offices in various locations, such as Clarkston, Davison, Dryden, Goodrich, Lake Orion, Oakland Township, Ortonville and Oxford. The Bank offers personal and business banking services. The Bank's personal services include checking accounts, savings accounts, certificates of deposit (CD) products, investment accounts, loans, mobile banking, online banking, credit cards, debit cards, automatic teller machine (ATM) cards, telephone banking, and additional services. Its business services include checking, savings, loans, cash management, payment acceptance solutions, remote deposit capture, credit cards, online business banking and upload files to business solutions. The company offers a range of loans, such as mortgage loans, home equity loans, lines of credit and installment loans.

Key Statistics of Oxford Bank Corp (OXBC)

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

Today's Range

$41.90$42.08

Today's Open

$41.95

Volume

1500.00

P/E Ratio (TTM)

52 Week Range

$33.15$43.00

Market Cap

96.14M

Avg. Volume

864.73

Dividend Yield

Financial Metrics & Statements of Oxford Bank Corp (OXBC)

FAQ's for Oxford Bank Corp (OXBC)

According to Musaffa’s Shariah screening methodology, Oxford Bank Corp (OXBC) 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.