Is Skyline Millars Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Skyline Millars Ltd (505650.BO) is currently classified as NOT HALAL as of January 2025. 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 Skyline Millars 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 Skyline Millars Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Skyline Millars Ltd?

Muslim investors may consider investing in Skyline Millars 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 Skyline Millars Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Skyline Millars 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 Skyline Millars Ltd updated?

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

Can a halal stock like Skyline Millars 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 Skyline Millars Ltd?

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

Skyline Millars Ltd 505650.BO

₹16.61 ₹0.38 (2.24%) 1D

Last Updated: May 15, 12:00 AM·BSE

505650.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 04, 2025

Report Source: 2025 2nd Quarter Report

Skyline Millars Ltd. Stock Analysis 505650.BO

India Real Estate Nano Cap Report: Q2, 2025

Skyline Millars Ltd. engages in the provision of real estate business. The company is headquartered in Mumbai, Maharashtra. The firm's projects include Ghatkopar project, The Riverside Project - Karjat and Skyline Oasis. Its Skyline Oasis realty is a residential development project that is located near Vidyavihar Station. Skyline Oasis project covers approximately 8,00,000 square feet.

Key Statistics of Skyline Millars Ltd (505650.BO)

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

Today's Range

₹16.35₹17.77

Today's Open

₹16.99

Volume

3987.00

P/E Ratio (TTM)

52 Week Range

₹14.15₹36.55

Market Cap

715.08M

Avg. Volume

8568.68

Dividend Yield

Financial Metrics & Statements of Skyline Millars Ltd (505650.BO)

FAQ's for Skyline Millars Ltd (505650.BO)

According to Musaffa’s Shariah screening methodology, Skyline Millars Ltd (505650.BO) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.