Is United Bancorporation of Alabama Inc halal to invest in?

According to Musaffa's Shariah screening methodology, United Bancorporation of Alabama Inc (UBAB) 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 United Bancorporation of Alabama Inc 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 United Bancorporation of Alabama Inc using these criteria to determine its compliance status.

Can Muslims buy shares of United Bancorporation of Alabama Inc?

Muslim investors may consider investing in United Bancorporation of Alabama 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.

Why is United Bancorporation of Alabama Inc classified as NOT HALAL?

Musaffa determines the Shariah status of United Bancorporation of Alabama Inc 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 United Bancorporation of Alabama Inc updated?

The Shariah compliance status of United Bancorporation of Alabama Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like United Bancorporation of Alabama Inc 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 United Bancorporation of Alabama Inc?

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

UBAB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 13, 2025

Report Source: 2024 3rd Quarter Report

United Bancorporation of Alabama Inc. Stock Analysis UBAB

United States Financials Micro Cap Report: Q3, 2024

United Bancorp of Alabama, Inc. is a bank holding company, which engages in the ownership and management of United Bank. The firm is a Community Development Financial Institution (CDFI) that operates subsidiaries, which includes United Bank and UB Community Development. United Bank is also designated as a CDFI and operates in approximately 23 locations across six counties. UB Community Development focuses on economic and community development through its New Market Tax Credits, affordable housing and community facilities programs. United Bank has offices in Atmore, Brewton, Camden, Flomaton, Monroeville, Frisco City, Bay Minette, Daphne, Foley, Lillian, Loxley, Magnolia Springs, Semmes, Silverhill and Summerdale in Alabama. United Bank serves Santa Rosa County, Florida in Jay, Milton and Pace.

Key Statistics of United Bancorporation of Alabama Inc (UBAB)

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

Today's Range

$52.81$52.81

Today's Open

$52.81

Volume

500.00

P/E Ratio (TTM)

158.19

52 Week Range

$48.70$57.00

Market Cap

188.24M

Avg. Volume

1574.68

Dividend Yield

Financial Metrics & Statements of United Bancorporation of Alabama Inc (UBAB)

FAQ's for United Bancorporation of Alabama Inc (UBAB)

According to Musaffa’s Shariah screening methodology, United Bancorporation of Alabama Inc (UBAB) 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.