Is Ridhi Synthetics Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ridhi Synthetics Ltd (504365.BO) is currently classified as NOT HALAL as of September 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 Ridhi Synthetics 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 Ridhi Synthetics Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ridhi Synthetics Ltd?

Muslim investors may consider investing in Ridhi Synthetics 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 Ridhi Synthetics Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ridhi Synthetics 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 Ridhi Synthetics Ltd updated?

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

Can a halal stock like Ridhi Synthetics 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 Ridhi Synthetics Ltd?

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

Ridhi Synthetics Ltd 504365.BO

₹4.11

Last Updated: Mar 21, 12:00 AM·BSE

504365.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 30, 2024

Report Source: 2025 1st Quarter Report

Ridhi Synthetics Ltd. Stock Analysis 504365.BO

India N/A Nano Cap Report: Q1, 2025

Ridhi Synthetics Ltd. engages in the real estate business and investment in shares and securities. The company is headquartered in Mumbai, Maharashtra and currently employs 3 full-time employees. The company went IPO on 2005-08-17. The firm also operates in rental business of immovable properties. Additionally, it focuses on investments in shares, securities, and immovable properties.

Key Statistics of Ridhi Synthetics Ltd (504365.BO)

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

Today's Range

₹4.11₹4.11

Today's Open

₹4.11

Volume

1.00

P/E Ratio (TTM)

0.46

52 Week Range

₹3.57₹4.11

Market Cap

4.94M

Avg. Volume

2.25

Dividend Yield

Financial Metrics & Statements of Ridhi Synthetics Ltd (504365.BO)

FAQ's for Ridhi Synthetics Ltd (504365.BO)

According to Musaffa’s Shariah screening methodology, Ridhi Synthetics Ltd (504365.BO) is currently classified as NOT HALAL as of September 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.