Is Krishna Filament Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Krishna Filament Industries Ltd (500248.BO) is currently classified as NOT HALAL as of November 2022. 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 Krishna Filament Industries 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 Krishna Filament Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Krishna Filament Industries Ltd?

Muslim investors may consider investing in Krishna Filament Industries 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 Krishna Filament Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Krishna Filament Industries 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 Krishna Filament Industries Ltd updated?

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

Can a halal stock like Krishna Filament Industries 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 Krishna Filament Industries Ltd?

You can check the latest Shariah compliance status of Krishna Filament Industries Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Krishna Filament Industries Ltd 500248.BO

₹5.21

Last Updated: May 14, 12:00 AM·BSE

500248.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 19, 2022

Report Source: 2022 1st Quarter Report

Krishna Filament Industries Ltd. Stock Analysis 500248.BO

India Materials Nano Cap Report: Q1, 2022

Krishna Filament Industries Ltd. engages in the manufacture of poly ethylene and poly propylene ropes. The company is headquartered in Mumbai, Maharashtra. The firm is engaged in the business of high-density polyethylene (HDPE)/polypropylene (PP) ropes.

Key Statistics of Krishna Filament Industries Ltd (500248.BO)

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

Today's Range

₹5.21₹5.21

Today's Open

₹5.21

Volume

432.00

P/E Ratio (TTM)

726.84

52 Week Range

₹3.93₹7.03

Market Cap

44.92M

Avg. Volume

178.00

Dividend Yield

Financial Metrics & Statements of Krishna Filament Industries Ltd (500248.BO)

FAQ's for Krishna Filament Industries Ltd (500248.BO)

According to Musaffa’s Shariah screening methodology, Krishna Filament Industries Ltd (500248.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.