Is West Coast Community Bancorp halal to invest in?

According to Musaffa's Shariah screening methodology, West Coast Community Bancorp (SCZC) 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 West Coast Community Bancorp 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 West Coast Community Bancorp using these criteria to determine its compliance status.

Can Muslims buy shares of West Coast Community Bancorp?

Muslim investors may consider investing in West Coast Community Bancorp 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 West Coast Community Bancorp classified as NOT HALAL?

Musaffa determines the Shariah status of West Coast Community Bancorp 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 West Coast Community Bancorp updated?

The Shariah compliance status of West Coast Community Bancorp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like West Coast Community Bancorp 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 West Coast Community Bancorp?

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

SCZC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2025

Report Source: 2024 3rd Quarter Report

West Coast Community Bancorp. Stock Analysis SCZC

United States Financials Small Cap Report: Q3, 2024

West Coast Community Bancorp operates as a bank holding company whose subsidiaries provides banking services. The company is headquartered in Santa Cruz, California. The company went IPO on 2004-03-24. The Bank is an SBA lender in Santa Cruz County and Silicon Valley and a USDA lender in the state of California. As a full-service bank, Santa Cruz County Bank offers competitive deposit and lending solutions for businesses and individuals, including business loans, lines of credit, commercial real estate financing, construction lending, agricultural loans, SBA and USDA government guaranteed loans, asset-based lending, credit cards, merchant services, remote deposit capture, mobile and online banking, bill payment and treasury management. Its personal banking products include checking accounts, savings and certificates of deposits (CDs), individual retirement accounts (IRAs), health savings accounts and additional services. The Bank has branches in Aptos, Capitola, Cupertino, King City, Monterey, Salinas, San Luis Obispo, Santa Cruz, Scotts Valley and Watsonville.

Key Statistics of West Coast Community Bancorp (SCZC)

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

Today's Range

$40.00$40.20

Today's Open

$40.00

Volume

429.00

P/E Ratio (TTM)

13.99

52 Week Range

$36.05$41.70

Market Cap

432.97M

Avg. Volume

5702.65

Dividend Yield

2.05%

Financial Metrics & Statements of West Coast Community Bancorp (SCZC)

FAQ's for West Coast Community Bancorp (SCZC)

According to Musaffa’s Shariah screening methodology, West Coast Community Bancorp (SCZC) 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.