Is Enbee Trade and Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Enbee Trade and Finance Ltd (512441.BO) is currently classified as NOT HALAL as of December 2023. 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 Enbee Trade and Finance 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 Enbee Trade and Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Enbee Trade and Finance Ltd?

Muslim investors may consider investing in Enbee Trade and Finance 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 Enbee Trade and Finance Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Enbee Trade and Finance 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 Enbee Trade and Finance Ltd updated?

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

Can a halal stock like Enbee Trade and Finance 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 Enbee Trade and Finance Ltd?

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

Enbee Trade and Finance Ltd 512441.BO

₹0.40 ₹0.01 (2.44%) 1D

Last Updated: May 15, 12:00 AM·BSE

512441.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 14, 2023

Report Source: 2023 Annual Report

Enbee Trade and Finance Ltd. Stock Analysis 512441.BO

India Financials Nano Cap Report: 2023 Annual

Enbee Trade & Finance Ltd. engages in the finance business. The firm provides unsecured loans to retail and micro, small, and medium enterprises (MSME) customers.

Key Statistics of Enbee Trade and Finance Ltd (512441.BO)

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

Today's Range

₹0.39₹0.41

Today's Open

₹0.41

Volume

1.67M

P/E Ratio (TTM)

5.66

52 Week Range

₹0.35₹1.01

Market Cap

285.89M

Avg. Volume

5.79M

Dividend Yield

Financial Metrics & Statements of Enbee Trade and Finance Ltd (512441.BO)

FAQ's for Enbee Trade and Finance Ltd (512441.BO)

According to Musaffa’s Shariah screening methodology, Enbee Trade and Finance Ltd (512441.BO) is currently classified as NOT HALAL as of December 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.