Is MFS Intercorp Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, MFS Intercorp Ltd (513721.BO) is currently classified as NOT HALAL as of April 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 MFS Intercorp 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 MFS Intercorp Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of MFS Intercorp Ltd?

Muslim investors may consider investing in MFS Intercorp 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 MFS Intercorp Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of MFS Intercorp 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 MFS Intercorp Ltd updated?

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

Can a halal stock like MFS Intercorp 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 MFS Intercorp Ltd?

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

MFS Intercorp Ltd 513721.BO

₹17.21

Last Updated: May 11, 12:00 AM·BSE

513721.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 25, 2024

Report Source: 2024 3rd Quarter Report

MFS Intercorp Ltd. Stock Analysis 513721.BO

India Materials Nano Cap Report: Q3, 2024

MFS Intercorp Ltd. engages in manufacturing of iron and steel products. The company is headquartered in Ahmedabad, Gujarat. The firm operates through a single segment, namely, Trading of Goods.

Key Statistics of MFS Intercorp Ltd (513721.BO)

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

Today's Range

₹17.21₹17.21

Today's Open

₹17.21

Volume

10.00

P/E Ratio (TTM)

52 Week Range

₹10.71₹18.97

Market Cap

50.07M

Avg. Volume

10.86K

Dividend Yield

Financial Metrics & Statements of MFS Intercorp Ltd (513721.BO)

FAQ's for MFS Intercorp Ltd (513721.BO)

According to Musaffa’s Shariah screening methodology, MFS Intercorp Ltd (513721.BO) is currently classified as NOT HALAL as of April 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.