Is Market Creators Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Market Creators Ltd (526891.BO) is currently classified as NOT HALAL as of June 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 Market Creators 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 Market Creators Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Market Creators Ltd?

Muslim investors may consider investing in Market Creators 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 Market Creators Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Market Creators 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 Market Creators Ltd updated?

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

Can a halal stock like Market Creators 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 Market Creators Ltd?

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

Market Creators Ltd 526891.BO

₹12.20

Last Updated: May 15, 12:00 AM·BSE

526891.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 21, 2024

Report Source: 2024 Annual Report

Market Creators Ltd. Stock Analysis 526891.BO

India Financials Nano Cap Report: 2024 Annual

Market Creators Ltd. engages in the broking business. The company is headquartered in Vadodara, Gujarat and currently employs 34 full-time employees. The firm is also engaged in share broking activities, trading and investment in equities. Its products and services consist of equities, mutual funds, commodities, derivatives, IPOs and insurance. The company offers nonresident Indian (NRI) services, including foreign currency non-resident account (FCNR), which is maintained in foreign currency, such as United States Dollar (USD), Pounds Sterling (GBP), Euro Currency (EUR) and Japanese Yen (JPY), as fixed deposits; non-resident external account (NRE), which is maintained in Indian Rupees, both in the form of savings bank and fixed deposit; and portfolio investment scheme (PIS), which allows an NRI to trade in the secondary stock market with repatriation and on non-repatriation basis. The company is also engaged in merchant banking.

Key Statistics of Market Creators Ltd (526891.BO)

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

Today's Range

₹12.20₹12.20

Today's Open

₹12.20

Volume

514.00

P/E Ratio (TTM)

77.27

52 Week Range

₹10.00₹16.30

Market Cap

141.34M

Avg. Volume

199.58

Dividend Yield

Financial Metrics & Statements of Market Creators Ltd (526891.BO)

FAQ's for Market Creators Ltd (526891.BO)

According to Musaffa’s Shariah screening methodology, Market Creators Ltd (526891.BO) is currently classified as NOT HALAL as of June 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.