Is Wagend Infra Venture Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Wagend Infra Venture Ltd (503675.BO) is currently classified as NOT HALAL as of December 2023. 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 Wagend Infra Venture 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 Wagend Infra Venture Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Wagend Infra Venture Ltd?

Muslim investors may consider investing in Wagend Infra Venture 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 Wagend Infra Venture Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Wagend Infra Venture 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 Wagend Infra Venture Ltd updated?

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

Can a halal stock like Wagend Infra Venture 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 Wagend Infra Venture Ltd?

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

Wagend Infra Venture Ltd 503675.BO

₹1.13 ₹0.02 (1.80%) 1D

Last Updated: May 15, 12:00 AM·BSE

503675.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 27, 2023

Report Source: 2024 2nd Quarter Report

Wagend Infra Venture Ltd. Stock Analysis 503675.BO

India Industrials Nano Cap Report: Q2, 2024

Wagend Infra Venture ltd. engages in the investing activities. The company is headquartered in Mumbai, Maharashtra and currently employs 4 full-time employees. The firm carries on business in the development of infrastructure projects ranging from roads, bridges, flyovers, and buildings.

Key Statistics of Wagend Infra Venture Ltd (503675.BO)

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

Today's Range

₹1.11₹1.17

Today's Open

₹1.11

Volume

3328.00

P/E Ratio (TTM)

232.30

52 Week Range

₹0.87₹1.43

Market Cap

51.92M

Avg. Volume

20.21K

Dividend Yield

Financial Metrics & Statements of Wagend Infra Venture Ltd (503675.BO)

FAQ's for Wagend Infra Venture Ltd (503675.BO)

According to Musaffa’s Shariah screening methodology, Wagend Infra Venture Ltd (503675.BO) is currently classified as NOT HALAL as of December 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.