Is QNB Corp halal to invest in?

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

Can Muslims buy shares of QNB Corp?

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

Musaffa determines the Shariah status of QNB 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 QNB Corp updated?

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

Can a halal stock like QNB 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 QNB Corp?

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

QNBC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

QNB Corp. Stock Analysis QNBC

United States Financials Micro Cap Report: Q3, 2024

QNB Corp. is a bank holding company, which engages in the provision of commercial, retail banking, and retail brokerage services. The company is headquartered in Quakertown, Pennsylvania and currently employs 191 full-time employees. QNB Bank operates approximately 12 branches in Bucks, Lehigh, and Montgomery Counties, and its division, Victory Bank, operates two branches in Montgomery County and two loan production offices in Montgomery and Berks Counties. The two banks offer commercial, small business, and personal customer banking services, borrowing solutions, and cash management tools in the communities they serve. In addition, the Company provides securities and advisory services under the name of QNB Financial Services through a registered Broker/Dealer and Registered Investment Advisor, and title insurance as a member of Laurel Abstract Company LLC.

Key Statistics of QNB Corp (QNBC)

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

Today's Range

$43.49$43.90

Today's Open

$43.49

Volume

1992.00

P/E Ratio (TTM)

15.51

52 Week Range

$32.16$46.00

Market Cap

214.60M

Avg. Volume

3078.42

Dividend Yield

2.32%

Financial Metrics & Statements of QNB Corp (QNBC)

FAQ's for QNB Corp (QNBC)

According to Musaffa’s Shariah screening methodology, QNB Corp (QNBC) 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.