Is Atharv Enterprises Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Atharv Enterprises Ltd (530187.BO) is currently classified as NOT HALAL as of May 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 Atharv Enterprises 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 Atharv Enterprises Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Atharv Enterprises Ltd?

Muslim investors may consider investing in Atharv Enterprises 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 Atharv Enterprises Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Atharv Enterprises 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 Atharv Enterprises Ltd updated?

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

Can a halal stock like Atharv Enterprises 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 Atharv Enterprises Ltd?

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

Atharv Enterprises Ltd 530187.BO

₹3.98 ₹0.08 (2.05%) 1D

Last Updated: May 15, 12:00 AM·BSE

530187.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 17, 2024

Report Source: 2024 3rd Quarter Report

Atharv Enterprises Ltd. Stock Analysis 530187.BO

India Industrials Nano Cap Report: Q3, 2024

Atharv Enterprises Ltd. engages in the business of manufacturing textile and synthetic fabrics. The company is headquartered in Kolhapur, Maharashtra. The company operates in one segment, being engaged in knitting job work. The firm exports and manufactures all kinds of fabrics.

Key Statistics of Atharv Enterprises Ltd (530187.BO)

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

Today's Range

₹3.90₹3.98

Today's Open

₹3.90

Volume

8768.00

P/E Ratio (TTM)

35.44

52 Week Range

₹2.83₹4.50

Market Cap

68.10M

Avg. Volume

12.29K

Dividend Yield

Financial Metrics & Statements of Atharv Enterprises Ltd (530187.BO)

FAQ's for Atharv Enterprises Ltd (530187.BO)

According to Musaffa’s Shariah screening methodology, Atharv Enterprises Ltd (530187.BO) is currently classified as NOT HALAL as of May 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.