Is Jai Mata Glass Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Jai Mata Glass Ltd (523467.BO) is currently classified as DOUBTFUL 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 Jai Mata Glass 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 Jai Mata Glass Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Jai Mata Glass Ltd?

Muslim investors may consider investing in Jai Mata Glass 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 Jai Mata Glass Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Jai Mata Glass 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 Jai Mata Glass Ltd updated?

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

Can a halal stock like Jai Mata Glass 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 Jai Mata Glass Ltd?

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

Jai Mata Glass Ltd 523467.BO

₹1.84 ₹0.01 (0.55%) 1D

Last Updated: May 15, 12:00 AM·BSE

523467.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: December 18, 2023

Report Source: 2024 2nd Quarter Report

Jai Mata Glass Ltd. Stock Analysis 523467.BO

India Industrials Nano Cap Report: Q2, 2024

Jai Mata Glass Ltd. engages in the manufacture of glass products. The company is headquartered in New Delhi, Delhi. The firm is engaged in the business of trading glass and procuring orders as a sales agent in the eastern and northern regions of India. The Company’s products include The K-series, patterned glass, elegant frosted glass and wired glass. Decorative patterned glass is characterized by textures or patterns embossed on to one to both sides of glass pane. Its frosted appearance is used to create glass patterns or to make doors or windows. Its glass, into which a wire mesh is embedded during production.

Key Statistics of Jai Mata Glass Ltd (523467.BO)

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

Today's Range

₹1.76₹1.85

Today's Open

₹1.83

Volume

47.78K

P/E Ratio (TTM)

52 Week Range

₹1.37₹3.33

Market Cap

191.29M

Avg. Volume

59.48K

Dividend Yield

Financial Metrics & Statements of Jai Mata Glass Ltd (523467.BO)

FAQ's for Jai Mata Glass Ltd (523467.BO)

According to Musaffa’s Shariah screening methodology, Jai Mata Glass Ltd (523467.BO) is currently classified as DOUBTFUL 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.