Is Antariksh Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Antariksh Industries Ltd (501270.BO) is currently classified as NOT HALAL as of February 2024. 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 Antariksh 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 Antariksh Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Antariksh Industries Ltd?

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

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

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

Can a halal stock like Antariksh 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 Antariksh Industries Ltd?

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

Antariksh Industries Ltd 501270.BO

₹2.03

Last Updated: May 15, 12:00 AM·BSE

501270.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 10, 2024

Report Source: 2024 2nd Quarter Report

Antariksh Industries Ltd. Stock Analysis 501270.BO

India N/A Nano Cap Report: Q2, 2024

Antariksh Industries Ltd. engages in the provision of real estate and land development services. The company is headquartered in Mumbai, Maharashtra and currently employs 2 full-time employees. The company went IPO on 2008-02-21. Its main business activities are the trading of construction / Pre-engineered building (PEB) materials. The firm has a single primary business segment, namely the execution of Real Estate & Trading Activities. The company is into trading activities of various materials which are required for the construction of warehouses and godowns, among others.

Key Statistics of Antariksh Industries Ltd (501270.BO)

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

Today's Range

₹2.03₹2.03

Today's Open

₹2.03

Volume

5.00

P/E Ratio (TTM)

0.07

52 Week Range

₹1.28₹2.03

Market Cap

270.00K

Avg. Volume

785.55

Dividend Yield

Financial Metrics & Statements of Antariksh Industries Ltd (501270.BO)

FAQ's for Antariksh Industries Ltd (501270.BO)

According to Musaffa’s Shariah screening methodology, Antariksh Industries Ltd (501270.BO) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.