Is Shantai Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shantai Industries Ltd (512297.BO) is currently classified as NOT HALAL as of May 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 Shantai Industries 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 Shantai Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shantai Industries Ltd?

Muslim investors may consider investing in Shantai Industries 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 Shantai Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shantai Industries 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 Shantai Industries Ltd updated?

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

Can a halal stock like Shantai Industries 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 Shantai Industries Ltd?

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

Shantai Industries Ltd 512297.BO

₹102.01

Last Updated: May 15, 12:00 AM·BSE

512297.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 10, 2024

Report Source: 2024 3rd Quarter Report

Shantai Industries Ltd. Stock Analysis 512297.BO

India N/A Nano Cap Report: Q3, 2024

Shantai Industries Ltd. engages in trading of textile products. The company is headquartered in Surat, Gujarat and currently employs 15 full-time employees. The company went IPO on 2005-09-22. The firm is primarily engaged in the business of trading textile items. The company is also engaged in the export of synthetic textile items and finished garment products. Its finished garment includes apparel for men, women, and children.

Key Statistics of Shantai Industries Ltd (512297.BO)

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

Today's Range

₹102.01₹102.01

Today's Open

₹102.01

Volume

88.44K

P/E Ratio (TTM)

236.17

52 Week Range

₹11.15₹102.01

Market Cap

498.92M

Avg. Volume

12.02K

Dividend Yield

Financial Metrics & Statements of Shantai Industries Ltd (512297.BO)

FAQ's for Shantai Industries Ltd (512297.BO)

According to Musaffa’s Shariah screening methodology, Shantai Industries Ltd (512297.BO) is currently classified as NOT HALAL as of May 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.