Is UTL Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, UTL Industries Ltd (500426.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 UTL 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 UTL Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of UTL Industries Ltd?

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

Musaffa determines the Shariah status of UTL 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 UTL Industries Ltd updated?

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

Can a halal stock like UTL 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 UTL Industries Ltd?

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

UTL Industries Ltd 500426.BO

₹1.75 ₹0.08 (4.37%) 1D

Last Updated: May 15, 12:00 AM·BSE

500426.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2022 1st Quarter Report

UTL Industries Ltd. Stock Analysis 500426.BO

India Industrials Nano Cap Report: Q1, 2022

UTL Industries Ltd. engages in the provision of BPO/KPO services, Commercial projects and solar power distribution. The company is headquartered in Vadodara, Gujarat. Its segments include Construction and Telecom Short Message Service (SMS). Its services include business process outsourcing (BPO)/knowledge process outsourcing (KPO), SMS services, construction and civil contractor, and generation, distribution and supply of solar energy. The company provides information technology (IT) services, such as SMS, data, voice and video collection and processing. The company is focused on high-rise projects of commercial retail spaces and other various projects. The company is also engaged in generating, distributing and supplying solar energy for its own use or for sale to state electricity boards, transmission and distribution companies. The company serves various industries, such as automotive, engineering, oil and gas, and materials supply.

Key Statistics of UTL Industries Ltd (500426.BO)

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

Today's Range

₹1.65₹1.83

Today's Open

₹1.83

Volume

67.20K

P/E Ratio (TTM)

52 Week Range

₹1.29₹3.55

Market Cap

57.43M

Avg. Volume

64.45K

Dividend Yield

Financial Metrics & Statements of UTL Industries Ltd (500426.BO)

FAQ's for UTL Industries Ltd (500426.BO)

According to Musaffa’s Shariah screening methodology, UTL Industries Ltd (500426.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.