Union Bankshares Inc UNB
$23.99 $0.19 (0.80%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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UNB Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Union Bankshares Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Union Bankshares Inc. Stock Analysis UNB
United States Financials Micro Cap Union Bankshares, Inc. is a one-bank holding company for Union Bank, which engages in the provision of retail, commercial, municipal banking, and wealth management and trust services. The company is headquartered in Morrisville, Vermont and currently employs 195 full-time employees. The company went IPO on 2000-07-13. The Union Bank provides full retail, commercial, municipal banking, wealth management and trust services throughout its 18 banking offices and three loan centers covering northern Vermont and northern New Hampshire. The company provides retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.
Union Bankshares Inc (UNB) Chart
Financial Metrics & Statements of Union Bankshares Inc (UNB)
FAQ's for Union Bankshares Inc (UNB)
- As of August 2026, Union Bankshares Inc UNB 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 Union Bankshares Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Union 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 Union 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 Union 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 Union Bankshares Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.