Is SMARTFINANCIAL INC. (SMBK) 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 | 38.8% | |
| Net Margin | 26.1% | |
| Return on Equity (ROE) | 9.6% | |
| Return on Assets (ROA) | 0.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $53M |
| Free Cash Flow | $46M |
| Total Debt | $44M |
| Total Assets | $5.3B |
Price & Trading
| Last Close | $38.59 |
| 50-Day MA | $39.90 |
| 200-Day MA | $36.80 |
| Avg Volume | 76K |
| Beta | 0.8 |
|
52-Week Range
$26.31
| |
About SMARTFINANCIAL INC. (SMBK)
SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in the United States. The company offers various deposits, including noninterest-bearing and interest-bearing checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, construction and land development, commercial and industrial, and consumer and other loans, as well as leases to small and mid-size companies for equipment financing leases. In addition, the company offers wealth management, insurance, mortgage origination, and internet and mobile banking services. It operates in Tennessee, Alabama, and Florida. SmartFinancial, Inc. is based in Knoxville, Tennessee.
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Frequently Asked Questions
Is SMARTFINANCIAL INC. (SMBK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SMARTFINANCIAL 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 SMARTFINANCIAL INC.'s debt ratio?
SMARTFINANCIAL 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 SMARTFINANCIAL INC.'s key financial metrics?
SMARTFINANCIAL INC. has a market capitalization of $655M, trailing P/E ratio of 12.8, and revenue of $172M. Return on equity stands at 9.6%.
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.