Is Tri City Bankshares Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Tri City Bankshares Corp (TRCY) 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 Tri City Bankshares 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 Tri City Bankshares Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Tri City Bankshares Corp?

Muslim investors may consider investing in Tri City Bankshares 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 Tri City Bankshares Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Tri City Bankshares 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 Tri City Bankshares Corp updated?

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

Can a halal stock like Tri City Bankshares 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 Tri City Bankshares Corp?

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

TRCY Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2025

Report Source: 2024 3rd Quarter Report

Tri City Bankshares Corp. Stock Analysis TRCY

United States Financials Micro Cap Report: Q3, 2024

Tri City Bankshares Corp. is a bank holding company, which engages in the provision of providing community banking services. The company is headquartered in Oak Creek, Wisconsin. The company went IPO on 2001-07-25. Its products and services include personal, business, and mortgages and loans. Its personal products include personal checking, personal savings, debit cards, investments, health savings accounts (HSAs), individual retirement accounts (IRAs), and personal credit cards. Its business products include business checking, business credit cards, treasury management, business debit cards, business loans, business fraud prevention, business savings comparison, HSAs for employers, business card rewards, and municipal banking. Its mortgage and loan products include mortgages, auto loans, personal loans, student loans and credit builder program. Its personal checking products include student checking, everyday checking, advantage checking, and advantage plus checking. Its business checking products include community checking, everyday business checking, pro checking, pro plus checking, and premium checking.

Key Statistics of Tri City Bankshares Corp (TRCY)

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

Today's Range

$19.42$19.45

Today's Open

$19.45

Volume

200.00

P/E Ratio (TTM)

11.73

52 Week Range

$13.63$22.24

Market Cap

172.13M

Avg. Volume

6586.30

Dividend Yield

Financial Metrics & Statements of Tri City Bankshares Corp (TRCY)

FAQ's for Tri City Bankshares Corp (TRCY)

According to Musaffa’s Shariah screening methodology, Tri City Bankshares Corp (TRCY) 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.