Is Sterling Greenwoods Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sterling Greenwoods Ltd (526500.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 Sterling Greenwoods 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 Sterling Greenwoods Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sterling Greenwoods Ltd?

Muslim investors may consider investing in Sterling Greenwoods 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 Sterling Greenwoods Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Sterling Greenwoods 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 Sterling Greenwoods Ltd updated?

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

Can a halal stock like Sterling Greenwoods 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 Sterling Greenwoods Ltd?

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

Sterling Greenwoods Ltd 526500.BO

₹22.00

Last Updated: May 14, 12:00 AM·BSE

526500.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 09, 2022

Report Source: 2022 1st Quarter Report

Sterling Greenwoods Ltd. Stock Analysis 526500.BO

India Real Estate Nano Cap Report: Q1, 2022

Sterling Green Woods Ltd. engages in the design and construction of real estate properties. The company is headquartered in Ahmedabad, Gujarat and currently employs 16 full-time employees. The company went IPO on 2005-07-21. The firm operates through two segments: Real Estate and Resorts & Club Membership. The company has developed numerous projects for diversified customer groups-apartments, commercial complexes, bungalows, row-houses, tenements, residential plots, clubs & resorts, and others. The company offers plots ranging from approximately 150 to 500 square yards. The company also offers plots on a net carpet area in the close vicinity of Ahmedabad. Its Greenwoods Lake Resort offers dining, banquet hall, boating, swimming pool, jumping jack, and others. Its completed projects are Greenwoods Club & Lake Resort, Sterling Enclave Apartments, Sunrise Apartments, Acacia Apartment, and Sejal Apartment. The firm's subsidiary is Sterling Resorts Private Limited.

Key Statistics of Sterling Greenwoods Ltd (526500.BO)

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

Today's Range

₹22.00₹22.00

Today's Open

₹22.00

Volume

62.00

P/E Ratio (TTM)

52 Week Range

₹16.25₹48.00

Market Cap

78.55M

Avg. Volume

799.47

Dividend Yield

Financial Metrics & Statements of Sterling Greenwoods Ltd (526500.BO)

FAQ's for Sterling Greenwoods Ltd (526500.BO)

According to Musaffa’s Shariah screening methodology, Sterling Greenwoods Ltd (526500.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.