Is Gowra Leasing and Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Gowra Leasing and Finance Ltd (530709.BO) is currently classified as NOT HALAL as of January 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 Gowra Leasing and Finance 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 Gowra Leasing and Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Gowra Leasing and Finance Ltd?

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

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

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

Can a halal stock like Gowra Leasing and Finance 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 Gowra Leasing and Finance Ltd?

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

Gowra Leasing and Finance Ltd 530709.BO

₹80.50 ₹1.50 (1.83%) 1D

Last Updated: May 15, 12:00 AM·BSE

530709.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 29, 2024

Report Source: 2024 2nd Quarter Report

Gowra Leasing and Finance Ltd. Stock Analysis 530709.BO

India Financials Nano Cap Report: Q2, 2024

Gowra Leasing & Finance Ltd. engages in the provision of investment and financial activities. The company is headquartered in Secunderabad, Telangana and currently employs 7 full-time employees. The firm is engaged in the business of investment and financing activities. The firm's services include inter corporate deposit (ICD), mortgage loans, bill discounting, and loans against shares. The firm offers its services to various sectors, such as active pharmaceutical ingredients (bulk drugs), engineering works, manufacturing units, trading units, realty, construction, information technology (IT)/software, infrastructure, and medical and health. The firm provides services for mid- corporate and retail customers.

Key Statistics of Gowra Leasing and Finance Ltd (530709.BO)

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

Today's Range

₹80.00₹82.00

Today's Open

₹82.00

Volume

5505.00

P/E Ratio (TTM)

14.18

52 Week Range

₹70.55₹151.79

Market Cap

644.06M

Avg. Volume

6005.00

Dividend Yield

Financial Metrics & Statements of Gowra Leasing and Finance Ltd (530709.BO)

FAQ's for Gowra Leasing and Finance Ltd (530709.BO)

According to Musaffa’s Shariah screening methodology, Gowra Leasing and Finance Ltd (530709.BO) is currently classified as NOT HALAL as of January 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.