Is Bharat Immunologicals and Biologicals Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Bharat Immunologicals and Biologicals Corporation Ltd (524663.BO) is currently classified as NOT HALAL as of April 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 Bharat Immunologicals and Biologicals 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 Bharat Immunologicals and Biologicals Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bharat Immunologicals and Biologicals Corporation Ltd?

Muslim investors may consider investing in Bharat Immunologicals and Biologicals 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 Bharat Immunologicals and Biologicals Corporation Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Bharat Immunologicals and Biologicals 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 Bharat Immunologicals and Biologicals Corporation Ltd updated?

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

Where can I check the Shariah status of Bharat Immunologicals and Biologicals Corporation Ltd?

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

Bharat Immunologicals and Biologicals Corporation Ltd 524663.BO

₹17.37

Last Updated: May 15, 12:00 AM·BSE

524663.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 06, 2024

Report Source: 2024 2nd Quarter Report

Bharat Immunologicals and Biologicals Corporation Ltd. Stock Analysis 524663.BO

Q: Can a halal stock like Bharat Immunologicals and Biologicals 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.

India Health Care Nano Cap Report: Q2, 2024

Bharat Immunologicals & Biologicals Corp. Ltd. is a biotechnology company, which engages in the manufacturing and producing pharmaceutical products such as oral polio vaccines; zinc tablet and diarrhea management kit; and ready to use therapeutic food. The firm is primarily engaged in the manufacture of oral polio vaccine, zinc tablet, and diarrhea management kit. The company operates under various segment, namely oral polio vaccine, zinc tablets, BIB VIT, and BIBSANIT. The company is also focused on manufacturing Ready to Use Therapeutic Food (RUTF), which is used for the treatment of malnourishment among various acute malnourished children. The firm is switched over to bivalent oral polio vaccine (bOPV) from trivalent oral polio vaccine (tOPV). The company is also diversified into plasma-derived medicines and Oral Cholera vaccines. The firm's manufacturing unit is located at Village Chola, Bulandshahr, Uttar Pradesh, India.

Key Statistics of Bharat Immunologicals and Biologicals Corporation Ltd (524663.BO)

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

Today's Range

₹17.37₹17.94

Today's Open

₹17.37

Volume

16.16K

P/E Ratio (TTM)

52 Week Range

₹14.10₹28.80

Market Cap

729.13M

Avg. Volume

44.73K

Dividend Yield

Financial Metrics & Statements of Bharat Immunologicals and Biologicals Corporation Ltd (524663.BO)

FAQ's for Bharat Immunologicals and Biologicals Corporation Ltd (524663.BO)

According to Musaffa’s Shariah screening methodology, Bharat Immunologicals and Biologicals Corporation Ltd (524663.BO) is currently classified as NOT HALAL as of April 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.