Is Twin Roses Trades and Agencies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Twin Roses Trades and Agencies Ltd (512117.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 Twin Roses Trades and Agencies 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 Twin Roses Trades and Agencies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Twin Roses Trades and Agencies Ltd?

Muslim investors may consider investing in Twin Roses Trades and Agencies 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 Twin Roses Trades and Agencies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Twin Roses Trades and Agencies 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 Twin Roses Trades and Agencies Ltd updated?

The Shariah compliance status of Twin Roses Trades and Agencies Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Twin Roses Trades and Agencies 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 Twin Roses Trades and Agencies Ltd?

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

Twin Roses Trades and Agencies Ltd 512117.BO

₹3.67

Last Updated: Dec 13, 12:00 AM·BSE

512117.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Twin Roses Trades and Agencies Ltd. Stock Analysis 512117.BO

India N/A Nano Cap Report: 2024 Annual

Twin Roses Trades & Agencies Ltd. engages in trading of general commodities. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2008-02-29. The firm is engaged in trading of general commodities.

Key Statistics of Twin Roses Trades and Agencies Ltd (512117.BO)

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

Today's Range

₹3.67₹3.67

Today's Open

₹3.67

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P/E Ratio (TTM)

Market Cap

Avg. Volume

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Financial Metrics & Statements of Twin Roses Trades and Agencies Ltd (512117.BO)

FAQ's for Twin Roses Trades and Agencies Ltd (512117.BO)

According to Musaffa’s Shariah screening methodology, Twin Roses Trades and Agencies Ltd (512117.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.