Is TeleCanor Global Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, TeleCanor Global Ltd (530595.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 TeleCanor Global 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 TeleCanor Global Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of TeleCanor Global Ltd?

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

Musaffa determines the Shariah status of TeleCanor Global 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 TeleCanor Global Ltd updated?

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

Can a halal stock like TeleCanor Global 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 TeleCanor Global Ltd?

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

TeleCanor Global Ltd 530595.BO

₹22.76 ₹2.10 (10.16%) 1D

Last Updated: May 15, 12:00 AM·BSE

530595.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 20, 2024

Report Source: 2024 3rd Quarter Report

TeleCanor Global Ltd. Stock Analysis 530595.BO

India Information Technology Nano Cap Report: Q3, 2024

TeleCanor Global Ltd. engages in internet-based voice recognition and response systems. The company employs 2 full-time employees The firm provides Web stress tools, interactive voice response (IVR) systems to Indian railways, IVR/ outbound dialer (OBD) servers for telecom companies, value added service servers, payment gateway systems and others. Its blockchain platform offers cloud based blockchain-as-a-service. TeleCanor Keen Bank is its core banking software. Keen Bank consists of integrated banking applications for retail and corporate banking. The company provides a complete set of API for administrators, network operators and developers. The firm helps clients from various industries and domains with enterprise resource planning and enterprise application integration. The firm offers various solutions, including telecom solutions, banking solutions, enterprise resource planning solutions, and consulting solutions. The company also offers crypto currency consulting.

Key Statistics of TeleCanor Global Ltd (530595.BO)

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

Today's Range

₹20.60₹22.76

Today's Open

₹20.66

Volume

77.81K

P/E Ratio (TTM)

55.31

52 Week Range

₹7.26₹48.50

Market Cap

578.79M

Avg. Volume

41.05K

Dividend Yield

Financial Metrics & Statements of TeleCanor Global Ltd (530595.BO)

FAQ's for TeleCanor Global Ltd (530595.BO)

According to Musaffa’s Shariah screening methodology, TeleCanor Global Ltd (530595.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.