Is Zenlabs Ethica Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Zenlabs Ethica Ltd (530697.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 Zenlabs Ethica 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 Zenlabs Ethica Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Zenlabs Ethica Ltd?

Muslim investors may consider investing in Zenlabs Ethica 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 Zenlabs Ethica Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Zenlabs Ethica 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 Zenlabs Ethica Ltd updated?

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

Can a halal stock like Zenlabs Ethica 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 Zenlabs Ethica Ltd?

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

Zenlabs Ethica Ltd 530697.BO

₹28.89 ₹0.56 (1.90%) 1D

Last Updated: May 15, 12:00 AM·BSE

530697.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Zenlabs Ethica Ltd. Stock Analysis 530697.BO

India N/A Nano Cap Report: 2024 Annual

Zenlabs Ethica Ltd. engages in trading of pharmaceutical products. The firm develops, markets and exports a range of branded drugs including Gastrointestinal disorders, Anti-Diabetics, Anti-Hypertensive Drugs, Anti-Infective, Soaps & Anti-bacterial Drugs, Nutraceuticals, and others. The firm operates in the pharmaceutical’s formulations segment, which primarily includes marketing and distribution of pharmaceutical products. Its divisions include Zenlabs, Coles Pharma and Mega Star. Its product categories include analgesics & anti-inflammatory, skin preparations, neurological disorders, eye, ear and nasal drops, anti-diabetic, anti-depressant, anti-infective, anti-emetic, steroid and anabolic steroids, antihypertensive drugs, anti-allergic, anti-cold and cough syrup, nutraceuticals, antacid, enzymes and appetite stimulant, ayurvedic preparation, git disorders, soap, and other pharmaceutical drugs. Its brands include RBC Red Super Active and Zenovit.

Key Statistics of Zenlabs Ethica Ltd (530697.BO)

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

Today's Range

₹27.00₹29.45

Today's Open

₹29.45

Volume

527.00

P/E Ratio (TTM)

71.58

52 Week Range

₹16.50₹39.20

Market Cap

148.46M

Avg. Volume

12.62K

Dividend Yield

Financial Metrics & Statements of Zenlabs Ethica Ltd (530697.BO)

FAQ's for Zenlabs Ethica Ltd (530697.BO)

According to Musaffa’s Shariah screening methodology, Zenlabs Ethica Ltd (530697.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.