Is Kush Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kush Industries Ltd (514240.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 Kush 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 Kush Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kush Industries Ltd?

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

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

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

Can a halal stock like Kush 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 Kush Industries Ltd?

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

Kush Industries Ltd 514240.BO

₹7.30 ₹0.04 (0.54%) 1D

Last Updated: May 15, 12:00 AM·BSE

514240.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 12, 2023

Report Source: 2023 Annual Report

Kush Industries Ltd. Stock Analysis 514240.BO

India Consumer Discretionary Nano Cap Report: 2023 Annual

Kush Industries Ltd. engages in the textiles and ceramic businesses in India. The company is headquartered in Bharuch, Gujarat and currently employs 2 full-time employees. The firm is engaged in the business of textiles.

Key Statistics of Kush Industries Ltd (514240.BO)

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

Today's Range

₹6.85₹7.48

Today's Open

₹7.34

Volume

10.89K

P/E Ratio (TTM)

52 Week Range

₹5.28₹10.13

Market Cap

96.99M

Avg. Volume

20.61K

Dividend Yield

Financial Metrics & Statements of Kush Industries Ltd (514240.BO)

FAQ's for Kush Industries Ltd (514240.BO)

According to Musaffa’s Shariah screening methodology, Kush Industries Ltd (514240.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.