Modern Shares and Stockbrokers Ltd 509760.BO
₹35.43 ₹3.56 (9.13%) 1D
Last Updated: Aug 13, 12:00 AM·BSE
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509760.BO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Modern Shares and Stockbrokers Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Modern Shares and Stockbrokers Ltd. Stock Analysis 509760.BO
India Financials Nano Cap Modern Shares & Stockbrokers Ltd. provides share broking and other financial related services. The firm offers a range of services covering retail broking, mutual fund distribution, research and advisory services. Its retail broking business caters to the needs of individual Indian and non-resident Indian (NRI) investors. The company offers dealer-assisted trade execution and access to all initial public offerings (IPOs). The company offers the purchase and sale of securities, which include equity and derivatives instruments listed on the National Stock Exchange of India Ltd (NSEIL), Bombay Stock Exchange Limited (BSE). Its mutual fund distribution business provides advice on selecting mutual fund schemes. The company provides intraday technical levels for all the BSE and NSE listed scrips. For swing trading clients, it provides technical levels by using specialist technical tools to catch every swing in the market. The firm also offers Market Wizard, a bi-monthly newsletter.
Modern Shares and Stockbrokers Ltd (509760.BO) Chart
Financial Metrics & Statements of Modern Shares and Stockbrokers Ltd (509760.BO)
FAQ's for Modern Shares and Stockbrokers Ltd (509760.BO)
- As of August 2026, Modern Shares and Stockbrokers Ltd 509760.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Modern Shares and Stockbrokers Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Modern Shares and Stockbrokers 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.
- Musaffa determines the Shariah status of Modern Shares and Stockbrokers Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Modern Shares and Stockbrokers Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Modern Shares and Stockbrokers Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Modern Shares and Stockbrokers Ltd (509760.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
