Is WTB Financial Corp halal to invest in?

According to Musaffa's Shariah screening methodology, WTB Financial Corp (WTBFB) is currently classified as NOT HALAL as of May 2024. 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 WTB Financial 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 WTB Financial Corp using these criteria to determine its compliance status.

Can Muslims buy shares of WTB Financial Corp?

Muslim investors may consider investing in WTB Financial 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 WTB Financial Corp classified as NOT HALAL?

Musaffa determines the Shariah status of WTB Financial 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 WTB Financial Corp updated?

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

Can a halal stock like WTB Financial 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 WTB Financial Corp?

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

WTBFB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 21, 2024

Report Source: 2024 1st Quarter Report

WTB Financial Corp. Stock Analysis WTBFB

United States Financials Small Cap Report: Q1, 2024

W.T.B.Financial Corp. is a bank holding company, which engages in the provision of financial services. The company is headquartered in Spokane, Washington. The company went IPO on 2001-07-11. Financial Corporation is a bank holding. The Company, through its wholly owned subsidiary, Washington Trust Bank (the Bank), is primarily engaged in the business of financial services in Washington, Idaho and Oregon. The Bank provides a range of banking services, including fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers. Its services and products include digital banking, merchant banking, treasury services, credit card, home loans, personal loan, investment management, business digital banking, private banking, and international services. Its international services offer services and payment products for international transactions.

Key Statistics of WTB Financial Corp (WTBFB)

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

Today's Range

$397.00$399.99

Today's Open

$397.34

Volume

349.00

P/E Ratio (TTM)

52 Week Range

$279.99$405.00

Market Cap

966.74M

Avg. Volume

425.38

Dividend Yield

Financial Metrics & Statements of WTB Financial Corp (WTBFB)

FAQ's for WTB Financial Corp (WTBFB)

According to Musaffa’s Shariah screening methodology, WTB Financial Corp (WTBFB) is currently classified as NOT HALAL as of May 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.