Is SHORE BANCSHARES INC (SHBI) Halal?

NASDAQ Financial Services United States $605M
✗ NOT HALAL
Confidence: 95/100
SHORE BANCSHARES INC (SHBI) 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 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

P/E Ratio
10.2
Forward: 8.3
EPS
$1.78
Dividend Yield
265.0%
Payout: 27.0%
P/B Ratio
1.0
Revenue
$225M
Growth: 8.1%
Beta
0.9
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 41.6%
Net Margin 27.5%
Return on Equity (ROE) 10.5%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$62M
Free Cash Flow$59M
Total Debt$100M
Total Assets$6.3B

Price & Trading

Last Close$18.35
50-Day MA$18.76
200-Day MA$17.11
Avg Volume227K
Beta0.9
52-Week Range
$11.47
$20.68

About SHORE BANCSHARES INC (SHBI)

CEO
Mr. James M. Burke
Employees
595
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$605M
Currency
USD

Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificate of deposit account registry service programs and cash management services. It also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, the company offers trust, wealth management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

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Frequently Asked Questions

Is SHORE BANCSHARES INC (SHBI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SHORE BANCSHARES 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 SHORE BANCSHARES INC's debt ratio?

SHORE BANCSHARES 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 SHORE BANCSHARES INC's key financial metrics?

SHORE BANCSHARES INC has a market capitalization of $605M, trailing P/E ratio of 10.2, and revenue of $225M. Return on equity stands at 10.5%.

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.