Is Uniroyal Marine Exports Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Uniroyal Marine Exports Ltd (526113.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 Uniroyal Marine Exports 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 Uniroyal Marine Exports Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Uniroyal Marine Exports Ltd?

Muslim investors may consider investing in Uniroyal Marine Exports 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 Uniroyal Marine Exports Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Uniroyal Marine Exports 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 Uniroyal Marine Exports Ltd updated?

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

Can a halal stock like Uniroyal Marine Exports 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 Uniroyal Marine Exports Ltd?

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

Uniroyal Marine Exports Ltd 526113.BO

₹13.31

Last Updated: May 15, 12:00 AM·BSE

526113.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2021 Annual Report

Uniroyal Marine Exports Ltd. Stock Analysis 526113.BO

India Consumer Staples Nano Cap Report: 2021 Annual

Uniroyal Marine Exports Ltd. engages in the processing and exporting of marine products. The firm is engaged in the business of purchasing, processing, curing, canning, freezing, selling, exporting and dealing in marine products. Its products are Shrimps, Squids (Cephalopods), Cuttlefish, Octopus and Seafood Mix. The firm's plants have the capacity to produce approximately 13,100 tons of individually quick-frozen (IQF) and 4,000 tons of block-frozen seafood. The firm's plant is located at Vengalam, Calicut, Kerala.

Key Statistics of Uniroyal Marine Exports Ltd (526113.BO)

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

Today's Range

₹13.31₹13.31

Today's Open

₹13.31

Volume

100.00

P/E Ratio (TTM)

141.89

52 Week Range

₹11.34₹20.19

Market Cap

95.70M

Avg. Volume

218.40

Dividend Yield

Financial Metrics & Statements of Uniroyal Marine Exports Ltd (526113.BO)

FAQ's for Uniroyal Marine Exports Ltd (526113.BO)

According to Musaffa’s Shariah screening methodology, Uniroyal Marine Exports Ltd (526113.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.