Is Global Capital Markets Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Global Capital Markets Ltd (530263.BO) is currently classified as NOT HALAL 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 Global Capital Markets 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 Global Capital Markets Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Global Capital Markets Ltd?

Muslim investors may consider investing in Global Capital Markets 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 Global Capital Markets Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Global Capital Markets 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 Global Capital Markets Ltd updated?

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

Can a halal stock like Global Capital Markets 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 Global Capital Markets Ltd?

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

Global Capital Markets Ltd 530263.BO

₹0.52 ₹0.01 (1.89%) 1D

Last Updated: May 15, 12:00 AM·BSE

530263.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2024

Report Source: 2024 Annual Report

Global Capital Markets Ltd. Stock Analysis 530263.BO

India Financials Nano Cap Report: 2024 Annual

Global Capital Markets Ltd. engages in finance and investment activities. The company is headquartered in Mumbai, Maharashtra and currently employs 17 full-time employees. The activities of the Company include financing, investing in shares and other securities, commodities, and other related activities of the capital market. The firm's main activities include investments in stocks and securities and providing finance to business entities and corporates on a short-term as well as long-term basis. The company has also expanded its activities into the real estate and software sectors.

Key Statistics of Global Capital Markets Ltd (530263.BO)

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

Today's Range

₹0.51₹0.53

Today's Open

₹0.53

Volume

128.66K

P/E Ratio (TTM)

52 Week Range

₹0.44₹0.99

Market Cap

215.41M

Avg. Volume

243.33K

Dividend Yield

Financial Metrics & Statements of Global Capital Markets Ltd (530263.BO)

FAQ's for Global Capital Markets Ltd (530263.BO)

According to Musaffa’s Shariah screening methodology, Global Capital Markets Ltd (530263.BO) is currently classified as NOT HALAL 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.