Is Satra Properties (India) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Satra Properties (India) Ltd (508996.BO) is currently classified as NOT HALAL as of November 2022. 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 Satra Properties (India) 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 Satra Properties (India) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Satra Properties (India) Ltd?

Muslim investors may consider investing in Satra Properties (India) 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 Satra Properties (India) Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Satra Properties (India) 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 Satra Properties (India) Ltd updated?

The Shariah compliance status of Satra Properties (India) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Satra Properties (India) 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 Satra Properties (India) Ltd?

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

Satra Properties (India) Ltd 508996.BO

₹0.87

Last Updated: Dec 13, 12:00 AM·BSE

508996.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 12, 2022

Report Source: 2022 2nd Quarter Report

Satra Properties (India) Ltd. Stock Analysis 508996.BO

India Real Estate Nano Cap Report: Q2, 2022

Satra Properties India Ltd. engages in the construction and development of luxury apartments, residential, malls, and hotels. The company is headquartered in Mumbai, Maharashtra. The firm is engaged in construction and development of luxury apartments. The firm's completed residential projects include Rehana Heights, Satra Residency, and Satra Signature. The firm's completed malls and hotels projects include Satra Plaza, Dreams The Mall, Prime Mall, and Satra Galleria. The firm's ongoing projects include Satra Park-Borivali and Satra Plaaza-Jodhpur.

Key Statistics of Satra Properties (India) Ltd (508996.BO)

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

Today's Range

₹0.87₹0.87

Today's Open

₹0.87

Volume

P/E Ratio (TTM)

52 Week Range

₹0.65₹1.19

Market Cap

155.17M

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Satra Properties (India) Ltd (508996.BO)

FAQ's for Satra Properties (India) Ltd (508996.BO)

According to Musaffa’s Shariah screening methodology, Satra Properties (India) Ltd (508996.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.