Is White Organic Agro Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, White Organic Agro Ltd (513713.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 White Organic Agro 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 White Organic Agro Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of White Organic Agro Ltd?

Muslim investors may consider investing in White Organic Agro 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 White Organic Agro Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of White Organic Agro 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 White Organic Agro Ltd updated?

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

Can a halal stock like White Organic Agro 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 White Organic Agro Ltd?

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

White Organic Agro Ltd 513713.BO

₹3.83 ₹0.07 (1.79%) 1D

Last Updated: May 15, 12:00 AM·BSE

513713.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2024

Report Source: 2024 Annual Report

White Organic Agro Ltd. Stock Analysis 513713.BO

India Consumer Staples Nano Cap Report: 2024 Annual

White Organic Agro Ltd. engages in farming and cultivation, distribution and retail, and exports businesses. The company is headquartered in Mumbai, Maharashtra and currently employs 15 full-time employees. The firm is selling organic products in 12 major categories and 17 subcategories, from cereals to pulses, grains to vegetables, fruits to health supplements and skincare products to snacks. Its business activity includes agro-based business and allied activities that include retailing and marketing. Its distribution and retail business provides all the organic products under a single brand, White Organics. The firm operates through online electronic-stores and tie-ups with electronic marketplaces, such as Grofers, Big Basket and Amazon, and the export channel.

Key Statistics of White Organic Agro Ltd (513713.BO)

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

Today's Range

₹3.74₹3.90

Today's Open

₹3.90

Volume

8559.00

P/E Ratio (TTM)

7.83

52 Week Range

₹2.81₹6.18

Market Cap

137.06M

Avg. Volume

20.27K

Dividend Yield

Financial Metrics & Statements of White Organic Agro Ltd (513713.BO)

FAQ's for White Organic Agro Ltd (513713.BO)

According to Musaffa’s Shariah screening methodology, White Organic Agro Ltd (513713.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.