Is Uwharrie Capital Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Uwharrie Capital Corp (UWHR) 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 Uwharrie Capital 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 Uwharrie Capital Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Uwharrie Capital Corp?

Muslim investors may consider investing in Uwharrie Capital 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 Uwharrie Capital Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Uwharrie Capital 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 Uwharrie Capital Corp updated?

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

Can a halal stock like Uwharrie Capital 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 Uwharrie Capital Corp?

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

UWHR Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Uwharrie Capital Corp. Stock Analysis UWHR

United States Financials Micro Cap Report: Q3, 2024

Uwharrie Capital Corp. is a bank holding company. The company is headquartered in Albemarle, North Carolina and currently employs 173 full-time employees. The company went IPO on 2004-02-06. Its operations are primarily retail-oriented and directed to individuals and small to medium-sized businesses. The Bank provides traditional commercial and consumer banking services, including personal and commercial checking and savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and related business and individual banking services. The Bank’s lending activities include commercial loans and various consumer-type loans to individuals, including installment loans, mortgage loans, equity lines of credit and overdraft checking credit. The Bank also offers Internet banking, mobile banking, 24-hour telephone banking, and issues Visa check cards, an electronic banking card. The firm and its subsidiaries conduct their operations in Stanly County, Anson County, Cabarrus County, Randolph County and Mecklenburg County, North Carolina.

Key Statistics of Uwharrie Capital Corp (UWHR)

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

Today's Range

$10.40$10.50

Today's Open

$10.50

Volume

1150.00

P/E Ratio (TTM)

6.97

52 Week Range

$8.20$11.24

Market Cap

78.46M

Avg. Volume

739.88

Dividend Yield

Financial Metrics & Statements of Uwharrie Capital Corp (UWHR)

FAQ's for Uwharrie Capital Corp (UWHR)

According to Musaffa’s Shariah screening methodology, Uwharrie Capital Corp (UWHR) 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.