Is JMG Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, JMG Corporation Ltd (523712.BO) is currently classified as NOT HALAL as of March 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 JMG Corporation 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 JMG Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of JMG Corporation Ltd?

Muslim investors may consider investing in JMG Corporation 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 JMG Corporation Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of JMG Corporation 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 JMG Corporation Ltd updated?

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

Can a halal stock like JMG Corporation 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 JMG Corporation Ltd?

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

JMG Corporation Ltd 523712.BO

₹5.76 ₹0.26 (4.73%) 1D

Last Updated: May 11, 12:00 AM·BSE

523712.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 28, 2024

Report Source: 2024 3rd Quarter Report

JMG Corporation Ltd. Stock Analysis 523712.BO

India N/A Nano Cap Report: Q3, 2024

JMG Corp. Ltd. engages in the provision of management consulting services. Its sustainability consulting offerings include ESG practices, net zero consulting, carbon footprint consulting and offsetting (CFCO) solutions and turnkey project development advisory. Its ESG consulting offering provides guidance and support to organizations seeking to integrate ESG principles into their business operations and strategic decision-making. Its Net zero advisory service develops and implements strategies to achieve net zero emissions. The company collaborates closely with clients to develop customized strategies for cutting carbon, from optimizing energy efficiency and transitioning to renewable power sources, to reimagining supply chains and production methods.

Key Statistics of JMG Corporation Ltd (523712.BO)

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

Today's Range

₹5.50₹5.76

Today's Open

₹5.50

Volume

3510.00

P/E Ratio (TTM)

158.32

52 Week Range

₹4.40₹6.63

Market Cap

136.61M

Avg. Volume

3003.33

Dividend Yield

Financial Metrics & Statements of JMG Corporation Ltd (523712.BO)

FAQ's for JMG Corporation Ltd (523712.BO)

According to Musaffa’s Shariah screening methodology, JMG Corporation Ltd (523712.BO) is currently classified as NOT HALAL as of March 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.