National Bank of Ras Al Khaimah PSC

RAKBANK.AD

$1.39

Closing

0.00

1D

▼-3.77%

YTD

Market cap

$2.79B

52 week high

$1.67

52 week low

$1.13

Volume

1,618,579

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Market cap

$2.79B

Analysts' Rating

BUY

Price Target (Mean)

1.64

Total Analysts

0

P/E

5.75

Operating Margin

0.00%

Beta

0.37

Revenue Growth (Annual)

100.00%

52 week high

$1.67

52 week low

$1.13

Div. Yield

6.08%

EPS Annual Growth

0.01

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

The National Bank of Ras Al-Khaimah PSC (RAKBANK) is a United Arab Emirates-based public shareholding company engaged in the provision of retail and commercial banking services through a network of 33 branches located across the United Arab Emirates. The Bank is organized into three main business segments: the Retail banking segment includes private customer current accounts, savings accounts, deposits, credit and debit cards, customer loans and mortgages; the Corporate banking segment incorporates transactions with corporate bodies, including government and public bodies, small and medium entities, and comprising of loans, advances, deposits and trade finance transactions, and the Treasury segment covers activities of the dealing room, related money market, foreign exchange transactions with other banks and financial institutions.