Is Team24 Consumer Products Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Team24 Consumer Products Ltd (500458.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 Team24 Consumer Products 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 Team24 Consumer Products Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Team24 Consumer Products Ltd?

Muslim investors may consider investing in Team24 Consumer Products 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 Team24 Consumer Products Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Team24 Consumer Products 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 Team24 Consumer Products Ltd updated?

The Shariah compliance status of Team24 Consumer Products Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Team24 Consumer Products 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 Team24 Consumer Products Ltd?

You can check the latest Shariah compliance status of Team24 Consumer Products Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Team24 Consumer Products Ltd 500458.BO

₹28.46 ₹0.46 (1.64%) 1D

Last Updated: May 15, 12:00 AM·BSE

500458.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 14, 2022

Report Source: 2022 1st Quarter Report

Team24 Consumer Products Ltd. Stock Analysis 500458.BO

India Consumer Staples Nano Cap Report: Q1, 2022

Team24 Consumer Products Ltd. engages in the production of cashew nuts, almonds, and pistachio. The company is headquartered in Bardez, Goa. The firm manufactures products under the customer's brand name. The company helps its associates create products by assisting them at every stage, from understanding their ideas, to production, trademarking and delivering the end product. The company specializes in a range of products of various categories. Its product line includes food and beverages, nutraceuticals, cosmetics and household products. Its brands consist of the Goan room, Nature Day, Xpanse, Actiyo, Fitsupport, and Namastey Chai.

Key Statistics of Team24 Consumer Products Ltd (500458.BO)

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

Today's Range

₹28.00₹29.99

Today's Open

₹28.00

Volume

2913.00

P/E Ratio (TTM)

29.35

52 Week Range

₹24.00₹37.23

Market Cap

783.53M

Avg. Volume

5462.05

Dividend Yield

Financial Metrics & Statements of Team24 Consumer Products Ltd (500458.BO)

FAQ's for Team24 Consumer Products Ltd (500458.BO)

According to Musaffa’s Shariah screening methodology, Team24 Consumer Products Ltd (500458.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.