Is Abirami Financial Services (India) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Abirami Financial Services (India) Ltd (511756.BO) is currently classified as NOT HALAL as of April 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 Abirami Financial Services (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 Abirami Financial Services (India) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Abirami Financial Services (India) Ltd?

Muslim investors may consider investing in Abirami Financial Services (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 Abirami Financial Services (India) Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Abirami Financial Services (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 Abirami Financial Services (India) Ltd updated?

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

Can a halal stock like Abirami Financial Services (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 Abirami Financial Services (India) Ltd?

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

Abirami Financial Services (India) Ltd 511756.BO

₹31.50 ₹0.10 (0.32%) 1D

Last Updated: May 15, 12:00 AM·BSE

511756.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 22, 2024

Report Source: 2024 3rd Quarter Report

Abirami Financial Services (India) Ltd. Stock Analysis 511756.BO

India Financials Nano Cap Report: Q3, 2024

Abirami Financial Services (India) Ltd. engages in the provision of other income investment. The company is headquartered in Chennai, Tamil Nadu. The firm's primary business includes hire purchase, leasing and lending money against securities, movable and immovable properties. The firm has interests in the field of land banking and creating infrastructure for projects in the sectors of integrated life spaces, lifespaces, logistics, warehousing, hospitality, healthcare, education clean energy, and development of aquaculture and seafood infrastructure and to deal in whatsoever manner in the aquaculture and seafood products.

Key Statistics of Abirami Financial Services (India) Ltd (511756.BO)

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

Today's Range

₹31.40₹32.95

Today's Open

₹31.40

Volume

433.00

P/E Ratio (TTM)

27.10

52 Week Range

₹27.89₹56.25

Market Cap

167.01M

Avg. Volume

735.10

Dividend Yield

5.18%

Financial Metrics & Statements of Abirami Financial Services (India) Ltd (511756.BO)

FAQ's for Abirami Financial Services (India) Ltd (511756.BO)

According to Musaffa’s Shariah screening methodology, Abirami Financial Services (India) Ltd (511756.BO) is currently classified as NOT HALAL as of April 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.