Is Triveni Glass Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Triveni Glass Ltd (502281.BO) is currently classified as NOT HALAL 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 Triveni Glass 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 Triveni Glass Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Triveni Glass Ltd?

Muslim investors may consider investing in Triveni Glass 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 Triveni Glass Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Triveni Glass 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 Triveni Glass Ltd updated?

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

Can a halal stock like Triveni Glass 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 Triveni Glass Ltd?

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

Triveni Glass Ltd 502281.BO

₹6.50

Last Updated: May 15, 12:00 AM·BSE

502281.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Triveni Glass Ltd. Stock Analysis 502281.BO

India Real Estate Nano Cap Report: 2024 Annual

Triveni Glass Ltd. engages in the manufacturing and marketing of glass products. The company is headquartered in Allahabad, Uttar Pradesh. The firm has ventured into the real estate business with the construction and restoration of multistoried residential buildings at its old factory site.

Key Statistics of Triveni Glass Ltd (502281.BO)

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

Today's Range

₹6.50₹6.90

Today's Open

₹6.50

Volume

608.00

P/E Ratio (TTM)

3.09

52 Week Range

₹5.42₹16.27

Market Cap

88.35M

Avg. Volume

6541.18

Dividend Yield

Financial Metrics & Statements of Triveni Glass Ltd (502281.BO)

FAQ's for Triveni Glass Ltd (502281.BO)

According to Musaffa’s Shariah screening methodology, Triveni Glass Ltd (502281.BO) is currently classified as NOT HALAL 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.