Is Samtex Fashions Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Samtex Fashions Ltd (521206.BO) is currently classified as NOT HALAL as of November 2022. 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 Samtex Fashions 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 Samtex Fashions Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Samtex Fashions Ltd?

Muslim investors may consider investing in Samtex Fashions 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 Samtex Fashions Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Samtex Fashions 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 Samtex Fashions Ltd updated?

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

Can a halal stock like Samtex Fashions 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 Samtex Fashions Ltd?

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

Samtex Fashions Ltd 521206.BO

₹1.46 ₹0.02 (1.35%) 1D

Last Updated: May 15, 12:00 AM·BSE

521206.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 13, 2022

Report Source: 2022 1st Quarter Report

Samtex Fashions Ltd. Stock Analysis 521206.BO

India Consumer Discretionary Nano Cap Report: Q1, 2022

Samtex Fashions Ltd. engages in the manufacture, sale, and export of ready made garments. The company is headquartered in New Delhi, Delhi. The firm's geographical segments include India and New York. The Company’s products include Jackets, Ladies Trousers, Men Trousers, and Shorts & Skirts. The Company’s manufacturing unit is spread over an area of approximately 32000 square meters and manufactures garments for export to stores in the United States and Europe, as well as domestic brands in the fashion industry. The firm has two subsidiaries, namely, SSA International Limited and Arlin Foods Limited. The firm has no manufacturing or other business operations. The company has not generated any revenue.

Key Statistics of Samtex Fashions Ltd (521206.BO)

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

Today's Range

₹1.42₹1.48

Today's Open

₹1.48

Volume

1743.00

P/E Ratio (TTM)

52 Week Range

₹1.05₹3.20

Market Cap

113.41M

Avg. Volume

19.94K

Dividend Yield

Financial Metrics & Statements of Samtex Fashions Ltd (521206.BO)

FAQ's for Samtex Fashions Ltd (521206.BO)

According to Musaffa’s Shariah screening methodology, Samtex Fashions Ltd (521206.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.