Is J C T Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, J C T Ltd (500223.BO) is currently classified as NOT HALAL as of November 2023. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is J C T Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes J C T Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of J C T Ltd?

Muslim investors may consider investing in J C T Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is J C T Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of J C T Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for J C T Ltd updated?

The Shariah compliance status of J C T Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like J C T Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of J C T Ltd?

You can check the latest Shariah compliance status of J C T Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

J C T Ltd 500223.BO

₹1.21

Last Updated: Dec 30, 12:00 AM·BSE

500223.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 03, 2023

Report Source: 2024 1st Quarter Report

J C T Ltd. Stock Analysis 500223.BO

India Consumer Discretionary Nano Cap Report: Q1, 2024

JCT Ltd. is engaged in the manufacture and sale of yarns. The firm operates through two segments: Textile and Filament yarn. The firm operates cotton, synthetic and blended textiles and filament yarn. The Company’s products include fashion wear, sportswear, outerwear, activewear for defense purposes and school uniforms. The Company’s product range of materials, including 100% cotton, 100% polyester, 100% nylon as well as various blends, such as cotton/polyester, cotton/nylon and polyester/viscose, single and plied yarns, as well as cotton lycra and PC lycra stretch material. Its nylon yarns are used for apparels, home textiles and semi-industrial products. The company also supplies high viscosity Nylon 6 Chips.

Key Statistics of J C T Ltd (500223.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹1.21₹1.21

Today's Open

₹1.21

Volume

397.50K

P/E Ratio (TTM)

52 Week Range

₹1.21₹1.21

Market Cap

1.05B

Avg. Volume

497.16K

Dividend Yield

Financial Metrics & Statements of J C T Ltd (500223.BO)

FAQ's for J C T Ltd (500223.BO)

According to Musaffa’s Shariah screening methodology, J C T Ltd (500223.BO) is currently classified as NOT HALAL as of November 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.