Is Pinnacle Bankshares Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Pinnacle Bankshares Corp (PPBN) 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 Pinnacle Bankshares 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 Pinnacle Bankshares Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Pinnacle Bankshares Corp?

Muslim investors may consider investing in Pinnacle Bankshares 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 Pinnacle Bankshares Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Pinnacle Bankshares 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 Pinnacle Bankshares Corp updated?

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

Can a halal stock like Pinnacle Bankshares 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 Pinnacle Bankshares Corp?

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

PPBN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Pinnacle Bankshares Corp. Stock Analysis PPBN

United States Financials Micro Cap Report: Q3, 2024

Pinnacle Bankshares Corp. (Virginia) is a bank holding company, which engages in the provision of financial services to individuals and businesses through its subsidiary. The company is headquartered in Altavista, Virginia. The Bank offers a range of commercial and retail banking products and services, including checking, savings and time deposits, individual retirement accounts, online banking, mobile banking, remote deposit capture, merchant bankcard processing, residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial loans, lines of credit and letters of credit. The company also offers a full range of investment, insurance and annuity products. The Bank serves market areas consisting primarily of all or portions of the Counties of Amherst, Bedford, Campbell and Pittsylvania, and the Cities of Charlottesville, Danville and Lynchburg. The firm has over 19 branches. The Bank’s subsidiaries include FNB Property Corp. and First Properties, Inc.

Key Statistics of Pinnacle Bankshares Corp (PPBN)

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

Today's Range

$51.50$52.00

Today's Open

$51.50

Volume

1600.00

P/E Ratio (TTM)

52 Week Range

$32.13$52.75

Market Cap

112.25M

Avg. Volume

1376.53

Dividend Yield

Financial Metrics & Statements of Pinnacle Bankshares Corp (PPBN)

FAQ's for Pinnacle Bankshares Corp (PPBN)

According to Musaffa’s Shariah screening methodology, Pinnacle Bankshares Corp (PPBN) 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.