Is FIRST COMMUNITY CORP /SC/ (FCCO) Halal?

NASDAQ Financial Services United States $268M
✗ NOT HALAL
Confidence: 95/100
FIRST COMMUNITY CORP /SC/ (FCCO) 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

P/E Ratio
11.6
Forward: 9.0
EPS
$2.47
Dividend Yield
224.0%
Payout: 25.1%
P/B Ratio
1.3
Revenue
$61M
Growth: 17.5%
Beta
0.4
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 35.4%
Net Margin 24.6%
Return on Equity (ROE) 12.3%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$11M
Free Cash Flow$10M
Total Debt$18M
Total Assets$2.0B

Price & Trading

Last Close$28.71
50-Day MA$29.25
200-Day MA$27.67
Avg Volume64K
Beta0.4
52-Week Range
$19.46
$31.50

About FIRST COMMUNITY CORP /SC/ (FCCO)

CEO
Mr. Michael C. Crapps
Employees
265
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$268M
Currency
USD

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. It operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. The company's deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. Its loan portfolio comprises commercial loans that include secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans comprising secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. The company also provides online banking, cash management, and internet banking services; and safe deposit boxes, direct deposits of payroll and social security checks, and automatic drafts for various accounts. In addition, it offers non-deposit investment products and other investment brokerage services; credit cards; and investment advisory and insurance services. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

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Frequently Asked Questions

Is FIRST COMMUNITY CORP /SC/ (FCCO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIRST COMMUNITY CORP /SC/ 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 FIRST COMMUNITY CORP /SC/'s debt ratio?

FIRST COMMUNITY CORP /SC/'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are FIRST COMMUNITY CORP /SC/'s key financial metrics?

FIRST COMMUNITY CORP /SC/ has a market capitalization of $268M, trailing P/E ratio of 11.6, and revenue of $61M. Return on equity stands at 12.3%.

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.