Is GSL Securities Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, GSL Securities Ltd (530469.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 GSL Securities 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 GSL Securities Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of GSL Securities Ltd?

Muslim investors may consider investing in GSL Securities 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 GSL Securities Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of GSL Securities 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 GSL Securities Ltd updated?

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

Can a halal stock like GSL Securities 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 GSL Securities Ltd?

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

GSL Securities Ltd 530469.BO

₹49.00

Last Updated: May 15, 12:00 AM·BSE

530469.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2024

Report Source: 2024 Annual Report

GSL Securities Ltd. Stock Analysis 530469.BO

India Financials Nano Cap Report: 2024 Annual

GSL Securities Ltd. engages in the financing activities in India. The company is headquartered in Mumbai, Maharashtra. The firm is engaged in the business of investment in the capital market. The firm operates in one segment, namely, finance activity.

Key Statistics of GSL Securities Ltd (530469.BO)

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

Today's Range

₹49.00₹49.00

Today's Open

₹49.00

Volume

1030.00

P/E Ratio (TTM)

52 Week Range

₹29.54₹61.81

Market Cap

165.44M

Avg. Volume

1585.60

Dividend Yield

Financial Metrics & Statements of GSL Securities Ltd (530469.BO)

FAQ's for GSL Securities Ltd (530469.BO)

According to Musaffa’s Shariah screening methodology, GSL Securities Ltd (530469.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.