What is Middlefield Banc Corp.'s Shariah compliance score?

Middlefield Banc Corp.'s (MBCN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Middlefield Banc Corp. pass AAOIFI screening?

Middlefield Banc Corp. (MBCN) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MBCN: 68.1%), (3) interest-bearing deposits below 30% (MBCN: 17.4%), and (4) prohibited income below 5% (MBCN: 95.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Middlefield Banc Corp. stock?

Middlefield Banc Corp. (MBCN) has a non-permissible income ratio of 95.57%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MBCN shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Middlefield Banc Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Middlefield Banc Corp. (MBCN) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MBCN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MBCN: Is Middlefield Banc Corp. Halal?

Middlefield Banc Corp.

NASDAQFinancial ServicesUS

$33.67

+0.06%

Market Cap: 273.6M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Middlefield Banc Corp. (MBCN) halal? Not Halal. Based on AAOIFI screening, Middlefield Banc Corp. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

68.1% of 30.0% limit

What this means for you

Most scholars advise not holding MBCN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Middlefield Banc Corp.

Middlefield Banc Corp., established in 1901 and headquartered in Middlefield, Ohio, serves as the parent organization for The Middlefield Banking Company. This entity delivers a comprehensive array of commercial banking solutions to a diverse clientele, including individuals, professionals, small business proprietors, and small to medium-sized businesses across northeastern and central Ohio. The company's offerings include a variety of deposit accounts such as checking, savings, negotiable order of withdrawal (NOW) accounts, money market accounts, and time certificates of deposit. Its extensive lending portfolio covers commercial, real estate, and various consumer loans. More specifically, Middlefield Banc Corp. provides financing for operational and working capital, term business endeavors, residential construction, professional services, home mortgages, and consumer installment loans for purposes like home improvements, vehicle acquisitions, boats, and other personal expenses. Furthermore, it supports capital purchases, offers select guaranteed or subsidized loan programs for small businesses, and provides agricultural loans. Beyond these core services, the bank furnishes safe deposit facilities, travelers' checks, official checks, money orders, ATM access, and IRA accounts. It also provides online banking and bill payment services for individual clients, alongside online cash management solutions for its business customers. Additionally, the corporation is involved in managing the resolution and disposition of distressed assets within Ohio. As of December 31, 2021, Middlefield Banc Corp. maintained 17 banking centers situated in Chardon, Newbury, Middlefield, Garrettsville, Mantua, Orwell, Cortland, Dublin, Westerville, Sunbury, Powell, Beachwood, Solon, Twinsburg, and Plain City. The company also operates an administrative office in Middlefield and a dedicated loan production office in Mentor.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Sprott Physical Silver Trust

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PHYSA+

Sprott Physical Gold Trust

$31.75

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ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Middlefield Banc Corp. (MBCN) halal to invest in?

Middlefield Banc Corp. (MBCN) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Middlefield Banc Corp. get a F compliance rating?

Middlefield Banc Corp. (MBCN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 68.1% (limit 30%); interest-bearing deposits of 17.4% (limit 30%); prohibited income of 95.57% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Middlefield Banc Corp.'s Shariah verdict?

Middlefield Banc Corp.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Middlefield Banc Corp. re-screened for Shariah compliance?

Middlefield Banc Corp. (MBCN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.