Is Maitri Enterprises Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Maitri Enterprises Ltd (513430.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 Maitri Enterprises 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 Maitri Enterprises Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Maitri Enterprises Ltd?

Muslim investors may consider investing in Maitri Enterprises 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 Maitri Enterprises Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Maitri Enterprises 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 Maitri Enterprises Ltd updated?

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

Can a halal stock like Maitri Enterprises 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 Maitri Enterprises Ltd?

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

Maitri Enterprises Ltd 513430.BO

₹39.00 ₹0.38 (0.96%) 1D

Last Updated: May 15, 12:00 AM·BSE

513430.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 03, 2024

Report Source: 2024 3rd Quarter Report

Maitri Enterprises Ltd. Stock Analysis 513430.BO

India Industrials Nano Cap Report: Q3, 2024

Maitri Enterprises Ltd. engages in the manufacture and trade of metal furniture and fixtures. The company is headquartered in Ahmedabad, Gujarat and currently employs 39 full-time employees. The firm is primarily engaged on pharmaceutical business, construction and developmental activities in the real-estate market along with trading metal furniture and building materials. The firm is dedicated to expanding its product portfolio. Its segments include Pharmaceutical Goods, and Sale of service by way of works contract. The distribution network of the Company is in Ahmedabad region.

Key Statistics of Maitri Enterprises Ltd (513430.BO)

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

Today's Range

₹39.00₹39.38

Today's Open

₹39.38

Volume

6.00

P/E Ratio (TTM)

98.36

52 Week Range

₹22.10₹44.70

Market Cap

164.59M

Avg. Volume

52.06

Dividend Yield

Financial Metrics & Statements of Maitri Enterprises Ltd (513430.BO)

FAQ's for Maitri Enterprises Ltd (513430.BO)

According to Musaffa’s Shariah screening methodology, Maitri Enterprises Ltd (513430.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.