Is ECB Bancorp, Inc. /MD/ (ECBK) Halal?
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
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 40.3% | |
| Net Margin | 24.5% | |
| Return on Equity (ROE) | 4.6% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $6M |
| Free Cash Flow | $6M |
| Total Debt | $234M |
| Total Assets | $1.4B |
Price & Trading
| Last Close | $16.43 |
| 50-Day MA | $17.36 |
| 200-Day MA | $16.61 |
| Avg Volume | 9K |
| Beta | 0.5 |
|
52-Week Range
$14.55
| |
About ECB Bancorp, Inc. /MD/ (ECBK)
ECB Bancorp, Inc. operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, individual retirement accounts, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts. It offers one- to four-family residential real estate, commercial real estate and multifamily real estate, construction and land, commercial, and consumer loans, as well as home equity loans and lines of credit. In addition, the company invests in securities, consisting primarily of U.S. government and federal agency obligations, mortgage-backed securities, and corporate bonds. ECB Bancorp, Inc. was founded in 1890 and is headquartered in Everett, Massachusetts.
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Frequently Asked Questions
Is ECB Bancorp, Inc. /MD/ (ECBK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ECB Bancorp, Inc. /MD/ 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 ECB Bancorp, Inc. /MD/'s debt ratio?
ECB Bancorp, Inc. /MD/'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are ECB Bancorp, Inc. /MD/'s key financial metrics?
ECB Bancorp, Inc. /MD/ has a market capitalization of $145M, trailing P/E ratio of 17.5, and revenue of $26M. Return on equity stands at 4.6%.
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.