Is R J Shah and Company Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, R J Shah and Company Ltd (509845.BO) is currently classified as NOT HALAL as of March 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 R J Shah and Company 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 R J Shah and Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of R J Shah and Company Ltd?

Muslim investors may consider investing in R J Shah and Company 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 R J Shah and Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of R J Shah and Company 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 R J Shah and Company Ltd updated?

The Shariah compliance status of R J Shah and Company Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like R J Shah and Company 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 R J Shah and Company Ltd?

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

R J Shah and Company Ltd 509845.BO

₹455.00

Last Updated: May 08, 12:00 AM·BSE

509845.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 04, 2024

Report Source: 2024 3rd Quarter Report

R J Shah and Company Ltd. Stock Analysis 509845.BO

India N/A Nano Cap Report: Q3, 2024

R.J. Shah & Co. Ltd. provides engineering and construction services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2005-09-01. The firm is engaged in construction of small and medium size hydroelectric project with engineering, procurement and construction (EPC) contract or civil work with hydro mechanical works. The firm operates through the Engineering and Construction segment. The company is specialized in underground works of tunnels, cavern shafts, inclined tunnels with government and semi governments or various electricity boards, railways, atomic ower station, irrigation, and others.

Key Statistics of R J Shah and Company Ltd (509845.BO)

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

Today's Range

₹455.00₹455.00

Today's Open

₹455.00

Volume

100.00

P/E Ratio (TTM)

2.22

52 Week Range

₹422.00₹660.00

Market Cap

140.73M

Avg. Volume

140.00

Dividend Yield

1.09%

Financial Metrics & Statements of R J Shah and Company Ltd (509845.BO)

FAQ's for R J Shah and Company Ltd (509845.BO)

According to Musaffa’s Shariah screening methodology, R J Shah and Company Ltd (509845.BO) is currently classified as NOT HALAL as of March 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.