Is Security Federal Corp halal to invest in?

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

Can Muslims buy shares of Security Federal Corp?

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

Musaffa determines the Shariah status of Security Federal 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 Security Federal Corp updated?

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

Can a halal stock like Security Federal 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 Security Federal Corp?

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

SFDL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Security Federal Corp. Stock Analysis SFDL

United States Financials Micro Cap Report: Q3, 2024

Security Federal Corp. is a bank holding company for Security Federal Bank, which engages in accepting deposits from the general public and originating commercial real estate loans, commercial business loans, consumer loans, and mortgage loans to buy or refinance one-to-four family residential real estate. The company is headquartered in Aiken, South Carolina and currently employs 258 full-time employees. The company went IPO on 2003-10-09. The principal business of the Bank is accepting deposits from the general public and originating commercial real estate loans, commercial and agricultural business (non-real estate) loans, consumer loans, as well as mortgage loans to buy or refinance one-to-four family residential real estate. The Bank also originates construction loans on single-family residences, multifamily dwellings and projects, and commercial real estate, as well as loans for the acquisition, development and construction of residential subdivisions and commercial projects. In addition, the Bank operates Security Federal Trust and Investments, a division of the Bank that offers trust, financial planning and financial management services. The Bank provides consumer loans for various personal, family or household purposes, covering financing for home improvements, residential lots, and automobiles.

Key Statistics of Security Federal Corp (SFDL)

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

Today's Range

$37.00$37.00

Today's Open

$37.00

Volume

261.00

P/E Ratio (TTM)

8.14

52 Week Range

$29.49$37.00

Market Cap

111.33M

Avg. Volume

383.23

Dividend Yield

3.47%

Financial Metrics & Statements of Security Federal Corp (SFDL)

FAQ's for Security Federal Corp (SFDL)

According to Musaffa’s Shariah screening methodology, Security Federal Corp (SFDL) 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.