Is Moongipa Capital Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Moongipa Capital Finance Ltd (530167.BO) is currently classified as DOUBTFUL as of July 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 Moongipa Capital Finance 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 Moongipa Capital Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Moongipa Capital Finance Ltd?

Muslim investors may consider investing in Moongipa Capital Finance 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 Moongipa Capital Finance Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Moongipa Capital Finance 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 Moongipa Capital Finance Ltd updated?

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

Can a halal stock like Moongipa Capital Finance 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 Moongipa Capital Finance Ltd?

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

Moongipa Capital Finance Ltd 530167.BO

₹15.52 ₹0.98 (5.94%) 1D

Last Updated: May 15, 12:00 AM·BSE

530167.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 24, 2024

Report Source: 2024 Annual Report

Moongipa Capital Finance Ltd. Stock Analysis 530167.BO

India Financials Nano Cap Report: 2024 Annual

Moongipa Capital Finance Ltd. engages in the provision of investment and financial activities such as consumer loans, and micro-finance. The company is headquartered in New Delhi, Delhi and currently employs 8 full-time employees. The firm is engaged in trading in shares, making investments in shares and provides consumer loans and micro-finance to its clients. The firm has undertaken the business activity of trading in equity shares, preference shares, stocks, debentures (convertible and non-convertible) and all other financial instruments along with other activities of NBFC.

Key Statistics of Moongipa Capital Finance Ltd (530167.BO)

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

Today's Range

₹15.51₹16.50

Today's Open

₹16.50

Volume

1313.00

P/E Ratio (TTM)

10.52

52 Week Range

₹12.00₹24.00

Market Cap

139.33M

Avg. Volume

5258.59

Dividend Yield

Financial Metrics & Statements of Moongipa Capital Finance Ltd (530167.BO)

FAQ's for Moongipa Capital Finance Ltd (530167.BO)

According to Musaffa’s Shariah screening methodology, Moongipa Capital Finance Ltd (530167.BO) is currently classified as DOUBTFUL as of July 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.