Is IF Bancorp, Inc. (IROQ) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| 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 | 26.3% | |
| Net Margin | 18.1% | |
| Return on Equity (ROE) | 6.3% | |
| Return on Assets (ROA) | 0.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | $7M |
| Total Assets | $888M |
Price & Trading
| Last Close | $0.00 |
| 50-Day MA | $27.36 |
| 200-Day MA | $25.98 |
| Avg Volume | 15K |
| Beta | 0.2 |
|
52-Week Range
$23.00
| |
About IF Bancorp, Inc. (IROQ)
IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multifamily mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans. In addition, the company sells property and casualty insurance, as well as offers annuities; mutual funds; individual and group retirement plans; life, disability, and health insurance; individual securities; managed accounts; and other financial services. Further, it invests in securities; and provides ATMs, online banking and bill pay, mobile banking with mobile deposit and bill pay, ACH origination, remote deposit capture and telephone banking. IF Bancorp, Inc. was founded in 1883 and is headquartered in Watseka, Illinois. As of March 12, 2026, IF Bancorp, Inc. operates as a subsidiary of ServBanc Holdco, Inc.
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Frequently Asked Questions
Is IF Bancorp, Inc. (IROQ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IF Bancorp, Inc. 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 IF Bancorp, Inc.'s debt ratio?
IF Bancorp, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are IF Bancorp, Inc.'s key financial metrics?
IF Bancorp, Inc. has a market capitalization of $89M, trailing P/E ratio of 16.2, and revenue of $26M. Return on equity stands at 6.3%.
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.