Is Easy Fincorp Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Easy Fincorp Ltd (511074.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 Easy Fincorp 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 Easy Fincorp Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Easy Fincorp Ltd?

Muslim investors may consider investing in Easy Fincorp 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 Easy Fincorp Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Easy Fincorp 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 Easy Fincorp Ltd updated?

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

Can a halal stock like Easy Fincorp 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 Easy Fincorp Ltd?

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

Easy Fincorp Ltd 511074.BO

₹990.00 ₹25.40 (2.50%) 1D

Last Updated: Aug 08, 12:00 AM·BSE

511074.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 12, 2022

Report Source: 2022 1st Quarter Report

Easy Fincorp Ltd. Stock Analysis 511074.BO

India N/A Nano Cap Report: Q1, 2022

Easy Fincorp Limited is an India-based company, which is engaged in the investment activities and other financial services. The company is headquartered in Kolkata, West Bengal and currently employs 3 full-time employees. The firm is engaged in financing, leasing and hire-purchasing activities. The company has invested its surplus fund in fixed deposits and securities.

Key Statistics of Easy Fincorp Ltd (511074.BO)

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

Today's Range

₹990.00₹1,015.40

Today's Open

₹1,015.40

Volume

5950.00

P/E Ratio (TTM)

52 Week Range

₹607.20₹938.90

Market Cap

240.74M

Avg. Volume

2977.50

Dividend Yield

Financial Metrics & Statements of Easy Fincorp Ltd (511074.BO)

FAQ's for Easy Fincorp Ltd (511074.BO)

According to Musaffa’s Shariah screening methodology, Easy Fincorp Ltd (511074.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.