Is Wardwizard Healthcare Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Wardwizard Healthcare Ltd (512063.BO) is currently classified as NOT HALAL as of July 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 Wardwizard Healthcare 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 Wardwizard Healthcare Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Wardwizard Healthcare Ltd?

Muslim investors may consider investing in Wardwizard Healthcare 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 Wardwizard Healthcare Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Wardwizard Healthcare 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 Wardwizard Healthcare Ltd updated?

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

Can a halal stock like Wardwizard Healthcare 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 Wardwizard Healthcare Ltd?

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

Wardwizard Healthcare Ltd 512063.BO

₹45.34

Last Updated: Dec 22, 12:00 AM·BSE

512063.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Wardwizard Healthcare Ltd. Stock Analysis 512063.BO

India N/A Nano Cap Report: 2024 Annual

Wardwizard Healthcare Ltd. engages in provision of advisory, consultancy, and investment services. The company is headquartered in Vadodara, Gujarat and currently employs 2 full-time employees. The company went IPO on 2005-07-25. The firm is engaged in the business of hospital operations, healthcare services, and activities related to Ayurveda practitioners.

Key Statistics of Wardwizard Healthcare Ltd (512063.BO)

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

Today's Range

₹45.34₹45.34

Today's Open

₹45.34

Volume

500.00

P/E Ratio (TTM)

52 Week Range

₹20.83₹45.34

Market Cap

11.13M

Avg. Volume

50.00

Dividend Yield

Financial Metrics & Statements of Wardwizard Healthcare Ltd (512063.BO)

FAQ's for Wardwizard Healthcare Ltd (512063.BO)

According to Musaffa’s Shariah screening methodology, Wardwizard Healthcare Ltd (512063.BO) is currently classified as NOT HALAL as of July 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.