Is Advance Petrochemicals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Advance Petrochemicals Ltd (506947.BO) is currently classified as NOT HALAL as of May 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 Advance Petrochemicals 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 Advance Petrochemicals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Advance Petrochemicals Ltd?

Muslim investors may consider investing in Advance Petrochemicals 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 Advance Petrochemicals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Advance Petrochemicals 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 Advance Petrochemicals Ltd updated?

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

Can a halal stock like Advance Petrochemicals 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 Advance Petrochemicals Ltd?

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

Advance Petrochemicals Ltd 506947.BO

₹311.65

Last Updated: May 14, 12:00 AM·BSE

506947.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 25, 2024

Report Source: 2024 3rd Quarter Report

Advance Petrochemicals Ltd. Stock Analysis 506947.BO

India N/A Nano Cap Report: Q3, 2024

Advance Petrochemicals Ltd. engages in the manufacture and supply of surface-active agents, solvents, alkyl aryl ethanolamine, and ethanolamine. The company operates through Petroleum Product segment. The company is engaged in the manufacturing of ethanol amines, alkyl alkanolamines, non-ionic surfactants, oil field chemicals, polyethylene glycol, leing inhibitor for aviation fuel, acrylic and co-acrylic binder glycol ether, auxiliaries and specialty chemical hydraulic brake fluid, radiator coolant and others. The company supplies these products to various industries, such as textile, mineral oil, pesticide, leather, paper, pharmaceutical, manmade fabric, paint, automobile, aircraft, refinery and others as a raw material or an auxiliary chemical. The firm also manufactures glycol and surfacture bases of ethylene oxide.

Key Statistics of Advance Petrochemicals Ltd (506947.BO)

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

Today's Range

₹311.65₹311.65

Today's Open

₹311.65

Volume

32.00

P/E Ratio (TTM)

93.98

52 Week Range

₹97.60₹320.75

Market Cap

121.78M

Avg. Volume

139.86

Dividend Yield

Financial Metrics & Statements of Advance Petrochemicals Ltd (506947.BO)

FAQ's for Advance Petrochemicals Ltd (506947.BO)

According to Musaffa’s Shariah screening methodology, Advance Petrochemicals Ltd (506947.BO) is currently classified as NOT HALAL as of May 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.