Is Potomac Bancshares Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Potomac Bancshares Inc (PTBS) 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 Potomac Bancshares 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 Potomac Bancshares Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Potomac Bancshares Inc?

Muslim investors may consider investing in Potomac Bancshares 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 Potomac Bancshares Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Potomac Bancshares 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 Potomac Bancshares Inc updated?

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

Can a halal stock like Potomac Bancshares 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 Potomac Bancshares Inc?

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

PTBS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Potomac Bancshares Inc. Stock Analysis PTBS

United States Financials Micro Cap Report: Q3, 2024

Potomac Bancshares, Inc. engages in the provision of banking services. The company is headquartered in Charles Town, West Virginia. The Bank offers deposit products to the same primary market area as loans. These products include noninterest-bearing and interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit in various terms. The company also offers investment management, trust and estate services, and comprehensive financial planning through BCT Wealth Advisors. The company also offers brokerage, investment, and insurance products through BCT Investments. Its personal banking services include personal checking; savings, certificates of deposit and Individual Retirement Accounts (IRA); online and mobile banking; convenience services; home equity lending; personal loans; consumer credit cards; open an account, and others. Its business banking services include industry specialties, commercial loans, small business administration (SBA) lending, business checking accounts, among others.

Key Statistics of Potomac Bancshares Inc (PTBS)

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

Today's Range

$21.50$22.22

Today's Open

$21.50

Volume

949.00

P/E Ratio (TTM)

9.92

52 Week Range

$16.12$22.22

Market Cap

89.50M

Avg. Volume

3131.53

Dividend Yield

2.47%

Financial Metrics & Statements of Potomac Bancshares Inc (PTBS)

FAQ's for Potomac Bancshares Inc (PTBS)

According to Musaffa’s Shariah screening methodology, Potomac Bancshares Inc (PTBS) 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.