Is BROADWAY FINANCIAL CORP DE (BYFC) Halal?

NASDAQ Financial Services United States $67M
✗ NOT HALAL
Confidence: 95/100
BROADWAY FINANCIAL CORP DE (BYFC) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

EPS
$-3.21
P/B Ratio
0.6
Revenue
$33M
Growth: 0.3%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 33.2%
Net Margin -75.6%
Return on Equity (ROE) -8.9%
Return on Assets (ROA) -1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$1M
Free Cash Flow$1M
Total Debt$227M
Total Assets$1.3B

Price & Trading

Last Close$7.60
50-Day MA$8.02
200-Day MA$7.32
Avg Volume7K
Beta0.7
52-Week Range
$5.51
$8.85

About BROADWAY FINANCIAL CORP DE (BYFC)

CEO
Mr. Brian E. Argrett J.D.
Employees
106
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$67M
Currency
USD

Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. Its deposit products include savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as provides commercial business loans, loans guaranteed by the Small Business Administration SBA, construction- to-permanent loans, and consumer loans. In addition, it invests in securities issued by federal government agencies, residential mortgage-backed securities, and other investments. The company was founded in 1946 and is headquartered in Los Angeles, California.

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Frequently Asked Questions

Is BROADWAY FINANCIAL CORP DE (BYFC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BROADWAY FINANCIAL CORP DE is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is BROADWAY FINANCIAL CORP DE's debt ratio?

BROADWAY FINANCIAL CORP DE's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are BROADWAY FINANCIAL CORP DE's key financial metrics?

BROADWAY FINANCIAL CORP DE has a market capitalization of $67M, and revenue of $33M. Return on equity stands at -8.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.