Is Muller and Phipps (India) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Muller and Phipps (India) Ltd (501477.BO) is currently classified as DOUBTFUL as of July 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 Muller and Phipps (India) 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 Muller and Phipps (India) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Muller and Phipps (India) Ltd?

Muslim investors may consider investing in Muller and Phipps (India) 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 Muller and Phipps (India) Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Muller and Phipps (India) 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 Muller and Phipps (India) Ltd updated?

The Shariah compliance status of Muller and Phipps (India) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Muller and Phipps (India) 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 Muller and Phipps (India) Ltd?

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

Muller and Phipps (India) Ltd 501477.BO

₹235.00

Last Updated: May 15, 12:00 AM·BSE

501477.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Muller and Phipps (India) Ltd. Stock Analysis 501477.BO

India Industrials Nano Cap Report: 2024 Annual

Muller & Phipps (India) Ltd. engages in the distribution and marketing services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2005-08-10. The firm is engaged in marketing of over-the-counter medical preparation and home care products. Its products include Cavisan - Medicated Dental Cream, Cavifast - Medicated Dental Gel, Cavisan - Gum Astringent and Nixoderm. The firm's subsidiaries include Muller and Phipps (Industrial Services) Limited and Muller and Phipps Agencies Limited. Muller and Phipps (Industrial Services) Limited is engaged in India as indenting agents.

Key Statistics of Muller and Phipps (India) Ltd (501477.BO)

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

Today's Range

₹235.00₹235.00

Today's Open

₹235.00

Volume

1.00

P/E Ratio (TTM)

52 Week Range

₹188.10₹377.00

Market Cap

140.84M

Avg. Volume

32.17

Dividend Yield

Financial Metrics & Statements of Muller and Phipps (India) Ltd (501477.BO)

FAQ's for Muller and Phipps (India) Ltd (501477.BO)

According to Musaffa’s Shariah screening methodology, Muller and Phipps (India) Ltd (501477.BO) is currently classified as DOUBTFUL as of July 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.