Is Prime Property Development Corp Ltd Stock Halal?
Shariah Compliance Analysis of 530695.BO Stock
India Real Estate Nano Cap
No. As of September 2026, Prime Property Development Corp Ltd (530695.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Prime Property Development Corp Ltd does not pass Musaffa's business and financial screening criteria.
Prime Property Development Corp. Ltd. engages in the business of property development. The company is headquartered in Mumbai, Maharashtra and currently employs 8 full-time employees. The company went IPO on 2003-11-05. The firm has a single operating segment, namely property development. The property development segment is classified into categories comprising residential apartments, celebrity houses, commercial properties, and malls. The company engages in urban properties having projects located in the Western suburbs of Mumbai. The Company’s properties are situated in prime localities, consisting of units larger than normal size and having an area of approximately 2000 square feet (sq. ft) and above with various amenities. In the commercial property business, the Company builds approximately 5000 sq. ft. plus units for shops, showrooms and offices as well as construction of composite shopping mall projects with multiplexes and food court. Its projects include Prime Pune Mall, Prime Tech Park, and Prime Square.
Prime Property Development Corp Ltd 530695.BO
₹25.20 ₹0.20 (0.80%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
530695.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Prime Property Development Corp Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Prime Property Development Corp Ltd (530695.BO) Chart
Financial Metrics & Statements of Prime Property Development Corp Ltd (530695.BO)
FAQ's for Prime Property Development Corp Ltd (530695.BO)
As of September 2026, Prime Property Development Corp Ltd 530695.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Prime Property Development Corp Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Prime Property Development Corp 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.
Musaffa determines the Shariah status of Prime Property Development Corp Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Prime Property Development Corp Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Prime Property Development Corp Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Prime Property Development Corp Ltd (530695.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.