Versabank VBNK
$19.82 $0.39 (2.01%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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VBNK Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Versabank is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Versabank. Stock Analysis VBNK
United States Financials Small Cap VersaBank engages in the provision of financial services. The company is headquartered in London, Ontario and currently employs 131 full-time employees. The company went IPO on 2013-08-27. The company offers a receivable purchase program (RPP) funding solution for point-of-sale finance companies. The company also owns DRT Cyber Inc., which provides the provision of cybersecurity services designed to address the growing volume of cyber threats challenging financial institutions, multinational corporations, and government entities. Its segment consists of Digital Banking Canada, Digital Banking USA and DRTC. Under Digital Banking Canada, the Bank employs a branchless business-to-business (partner-based) model using its financial technology to address underserved segments in the Canadian and U.S. banking markets. Under Digital Banking USA, the Bank intends to adopt a business-to-business model, to address underserved segments of the U.S. banking market. Under VersaBank USA, it plans to acquire deposits and deliver the majority of its loans and leases electronically through deposit and lending solutions tailored for financial intermediaries.
Versabank (VBNK) Chart
Financial Metrics & Statements of Versabank (VBNK)
FAQ's for Versabank (VBNK)
- As of August 2026, Versabank VBNK 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 Versabank using these criteria to determine its compliance status.
- Muslim investors may consider investing in Versabank 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 Versabank 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 Versabank 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 Versabank on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.