Is Amit International Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Amit International Ltd (531300.BO) is currently classified as NOT HALAL as of November 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 Amit International 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 Amit International Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Amit International Ltd?

Muslim investors may consider investing in Amit International 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 Amit International Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Amit International 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 Amit International Ltd updated?

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

Can a halal stock like Amit International 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 Amit International Ltd?

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

Amit International Ltd 531300.BO

₹3.16

Last Updated: May 11, 12:00 AM·BSE

531300.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 05, 2024

Report Source: 2024 Annual Report

Amit International Ltd. Stock Analysis 531300.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Amit International Ltd. engages in the exportation of socks. The company is headquartered in Mumbai, Maharashtra and currently employs 2 full-time employees. The Company’s principal activities comprise trading in textiles, fabrics, readymade garments, yarn, hosiery, cotton and blended socks and vests, underwear, other knitted fabrics, textiles made of silk, art-silk, rayon, staple and synthetic fibers, cotton, wool, flax, hemp, jute, diamonds, brass cable wiping. The company is also engaged in the business of spinning, texturizing, crimping and twisting of staple, synthetic fiber silk, cotton, wool, flax, hemp, jute and other fibers, yarn or raw materials. Its products include socks, boxers, gloves, t-shirts, and thermal wear.

Key Statistics of Amit International Ltd (531300.BO)

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

Today's Range

₹3.16₹3.16

Today's Open

₹3.16

Volume

4000.00

P/E Ratio (TTM)

47.79

52 Week Range

₹3.00₹5.06

Market Cap

60.73M

Avg. Volume

20.56K

Dividend Yield

Financial Metrics & Statements of Amit International Ltd (531300.BO)

FAQ's for Amit International Ltd (531300.BO)

According to Musaffa’s Shariah screening methodology, Amit International Ltd (531300.BO) is currently classified as NOT HALAL as of November 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.