Is Bloom Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Bloom Industries Ltd (513422.BO) is currently classified as NOT HALAL as of October 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 Bloom 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 Bloom Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bloom Industries Ltd?

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

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

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

Can a halal stock like Bloom 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 Bloom Industries Ltd?

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

Bloom Industries Ltd 513422.BO

₹33.85 ₹2.35 (6.49%) 1D

Last Updated: May 15, 12:00 AM·BSE

513422.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 03, 2024

Report Source: 2025 1st Quarter Report

Bloom Industries Ltd. Stock Analysis 513422.BO

India Industrials Nano Cap Report: Q1, 2025

Bloom Industries Ltd. engages in the trading of iron and steel products. The firm is engaged in the trading of iron and steel.

Key Statistics of Bloom Industries Ltd (513422.BO)

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

Today's Range

₹33.85₹36.20

Today's Open

₹36.20

Volume

137.00

P/E Ratio (TTM)

49.35

52 Week Range

₹27.60₹47.90

Market Cap

205.49M

Avg. Volume

464.33

Dividend Yield

Financial Metrics & Statements of Bloom Industries Ltd (513422.BO)

FAQ's for Bloom Industries Ltd (513422.BO)

According to Musaffa’s Shariah screening methodology, Bloom Industries Ltd (513422.BO) is currently classified as NOT HALAL as of October 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.