Is Longview Tea Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Longview Tea Co Ltd (526568.BO) is currently classified as NOT HALAL as of February 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 Longview Tea Co 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 Longview Tea Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Longview Tea Co Ltd?

Muslim investors may consider investing in Longview Tea Co 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 Longview Tea Co Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Longview Tea Co 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 Longview Tea Co Ltd updated?

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

Can a halal stock like Longview Tea Co 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 Longview Tea Co Ltd?

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

Longview Tea Co Ltd 526568.BO

₹14.82

Last Updated: Dec 29, 12:00 AM·BSE

526568.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 28, 2024

Report Source: 2024 3rd Quarter Report

Longview Tea Co Ltd. Stock Analysis 526568.BO

India Consumer Discretionary Nano Cap Report: Q3, 2024

Longview Tea Co. Ltd. engages in the trading activity of tea and ferrous metals. The company is headquartered in Kolkata, West Bengal and currently employs 3 full-time employees. The firm is also dealing with and investing in shares and securities and has interest income from loans and advances. The Company’s segments include Trading Activities and Financial Activities.

Key Statistics of Longview Tea Co Ltd (526568.BO)

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

Today's Range

₹14.82₹15.60

Today's Open

₹14.82

Volume

214.00

P/E Ratio (TTM)

13.92

52 Week Range

₹15.45₹54.10

Market Cap

44.48M

Avg. Volume

362.50

Dividend Yield

Financial Metrics & Statements of Longview Tea Co Ltd (526568.BO)

FAQ's for Longview Tea Co Ltd (526568.BO)

According to Musaffa’s Shariah screening methodology, Longview Tea Co Ltd (526568.BO) is currently classified as NOT HALAL as of February 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.