Is Madhusudan Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Madhusudan Industries Ltd (515059.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 Madhusudan 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 Madhusudan Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Madhusudan Industries Ltd?

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

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

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

Can a halal stock like Madhusudan 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 Madhusudan Industries Ltd?

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

Madhusudan Industries Ltd 515059.BO

₹37.00

Last Updated: May 15, 12:00 AM·BSE

515059.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2024

Report Source: 2024 Annual Report

Madhusudan Industries Ltd. Stock Analysis 515059.BO

India Real Estate Nano Cap Report: 2024 Annual

Madhusudan Industries Ltd. engages in the business of leasing properties. The company is headquartered in Ahmedabad, Gujarat and currently employs 5 full-time employees. The firm is also engaged in providing ancillary services.

Key Statistics of Madhusudan Industries Ltd (515059.BO)

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

Today's Range

₹35.50₹37.00

Today's Open

₹37.00

Volume

1144.00

P/E Ratio (TTM)

52 Week Range

₹25.20₹51.85

Market Cap

184.54M

Avg. Volume

1504.23

Dividend Yield

Financial Metrics & Statements of Madhusudan Industries Ltd (515059.BO)

FAQ's for Madhusudan Industries Ltd (515059.BO)

According to Musaffa’s Shariah screening methodology, Madhusudan Industries Ltd (515059.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.