REDW Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: January 15, 2025
Report Source: 2023 Annual Report
Redwood Financial Inc. Stock Analysis REDW
Redwood Financial, Inc. is an investment planning and management firm. The Bank, operating in eleven facilities, provides a variety of financial services to the areas of south central and southwestern Minnesota, as well as the south metropolitan area, including mortgage, commercial, agricultural and consumer lending products and various deposits and savings plans. The company also conducts business as Hometown Insurance, Inc. (the Agency). The Agency offers property, casualty, crop insurance, and health/life insurance in eleven facilities throughout south central and southwestern Minnesota, and the south metropolitan area. The company also conducts business as Hometown Solutions, Inc, which is a finder business connecting growers with suppliers, allowing growers to have access to products from sellers in the agricultural industry. The company also owns Redwood Financial Statutory Trust I (the Trust). The Trust issued preferred trust securities to independent entities.
Read More Redwood Financial Inc (REDW) Chart
Key Statistics of Redwood Financial Inc (REDW)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$240.00Volume
43.00P/E Ratio (TTM)
-52 Week Range
Market Cap
84.66MAvg. Volume
-Dividend Yield
-Financial Metrics & Statements of Redwood Financial Inc (REDW)
FAQ's for Redwood Financial Inc (REDW)
- According to Musaffa’s Shariah screening methodology, Redwood Financial Inc (REDW) 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.