Is Ekam Leasing and Finance Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ekam Leasing and Finance Co Ltd (530581.BO) is currently classified as NOT HALAL as of October 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 Ekam Leasing and Finance Co 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 Ekam Leasing and Finance Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ekam Leasing and Finance Co Ltd?

Muslim investors may consider investing in Ekam Leasing and Finance Co 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 Ekam Leasing and Finance Co Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ekam Leasing and Finance Co 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 Ekam Leasing and Finance Co Ltd updated?

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

Can a halal stock like Ekam Leasing and Finance Co 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 Ekam Leasing and Finance Co Ltd?

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

Ekam Leasing and Finance Co Ltd 530581.BO

₹7.19

Last Updated: May 15, 12:00 AM·BSE

530581.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 02, 2024

Report Source: 2025 1st Quarter Report

Ekam Leasing and Finance Co Ltd. Stock Analysis 530581.BO

India Financials Nano Cap Report: Q1, 2025

Ekam Leasing & Finance Co. Ltd. operates as a non-banking finance company. The company is headquartered in New Delhi, Delhi. The firm is primarily engaged in the business of financing. The Company’s subsidiaries are : S & S Balajee Mercantile Private Limited, engaged to carry on the business of dealing and trading in all kinds of essential commodities/machinery; Jet Air Securities Private Limited, which is mainly engaged in the business of dealing in securities; Rex Overseas Private Limited is engaged in the business of import export and all deal in all kind of securities.

Key Statistics of Ekam Leasing and Finance Co Ltd (530581.BO)

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

Today's Range

₹7.19₹7.19

Today's Open

₹7.19

Volume

465.00

P/E Ratio (TTM)

52 Week Range

₹4.81₹8.87

Market Cap

33.41M

Avg. Volume

969.00

Dividend Yield

Financial Metrics & Statements of Ekam Leasing and Finance Co Ltd (530581.BO)

FAQ's for Ekam Leasing and Finance Co Ltd (530581.BO)

According to Musaffa’s Shariah screening methodology, Ekam Leasing and Finance Co Ltd (530581.BO) is currently classified as NOT HALAL as of October 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.