Skyline Bankshares Inc SLBK
$26.42 $0.37 (1.38%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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SLBK Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Skyline Bankshares Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Skyline Bankshares Inc. Stock Analysis SLBK
United States Financials Micro Cap Skyline Bankshares, Inc. operates as a holding company, which engages in the provision of banking solutions through its subsidiary, Skyline National Bank. The company is headquartered in Floyd, Virginia and currently employs 247 full-time employees. The company went IPO on 2016-08-26. The firm offers a wide range of retail and commercial banking services through its wholly owned bank subsidiary, Skyline National Bank (the Bank). The Bank serves the Virginia counties of Grayson, Floyd, Carroll, Wythe, Pulaski, Montgomery, Roanoke, Patrick and Washington, and the North Carolina counties of Alleghany, Ashe, Burke, Caldwell, Catawba, Cleveland, Davie, Iredell, Watauga, Wilkes, and Yadkin, and the surrounding areas through approximately 28 full-service banking offices. The Bank’s loan portfolio includes commercial and agricultural production loans. The Bank’s lending services include real estate, commercial, agricultural, and consumer loans. The Bank invests a portion of its assets in the United States Treasury, the United States Government agency, and the United States Government Sponsored Enterprise securities and State and Municipal bonds, as well as investment-grade corporate bond issues.
Skyline Bankshares Inc (SLBK) Chart
Financial Metrics & Statements of Skyline Bankshares Inc (SLBK)
FAQ's for Skyline Bankshares Inc (SLBK)
- As of August 2026, Skyline Bankshares Inc SLBK is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Skyline Bankshares Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Skyline Bankshares 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.
- Musaffa determines the Shariah status of Skyline Bankshares Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Skyline Bankshares Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Skyline Bankshares Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.