Is Square Four Projects India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Square Four Projects India Ltd (526532.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 Square Four Projects India 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 Square Four Projects India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Square Four Projects India Ltd?

Muslim investors may consider investing in Square Four Projects India 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 Square Four Projects India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Square Four Projects India 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 Square Four Projects India Ltd updated?

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

Can a halal stock like Square Four Projects India 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 Square Four Projects India Ltd?

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

Square Four Projects India Ltd 526532.BO

₹9.20 ₹0.60 (6.98%) 1D

Last Updated: May 15, 12:00 AM·BSE

526532.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 09, 2022

Report Source: 2022 1st Quarter Report

Square Four Projects India Ltd. Stock Analysis 526532.BO

India Real Estate Nano Cap Report: Q1, 2022

Square Four Projects India Ltd. is a holding company, which engages in the real estate business. The company is headquartered in Kolkata, West Bengal. The firm is also engaged in the development of infrastructure and real estate. The company operates in a single segment, namely, Real Estate. BRC Construction Company Private Limited is a subsidiary of the Company.

Key Statistics of Square Four Projects India Ltd (526532.BO)

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

Today's Range

₹8.05₹9.40

Today's Open

₹8.60

Volume

5923.00

P/E Ratio (TTM)

52 Week Range

₹6.60₹10.97

Market Cap

150.11M

Avg. Volume

2843.14

Dividend Yield

Financial Metrics & Statements of Square Four Projects India Ltd (526532.BO)

FAQ's for Square Four Projects India Ltd (526532.BO)

According to Musaffa’s Shariah screening methodology, Square Four Projects India Ltd (526532.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.