Is Golechha Global Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Golechha Global Finance Ltd (531360.BO) is currently classified as NOT HALAL as of June 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 Golechha Global 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 Golechha Global Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Golechha Global Finance Ltd?

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

Musaffa determines the Shariah status of Golechha Global 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 Golechha Global Finance Ltd updated?

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

Can a halal stock like Golechha Global 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 Golechha Global Finance Ltd?

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

Golechha Global Finance Ltd 531360.BO

₹30.40

Last Updated: May 15, 12:00 AM·BSE

531360.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 22, 2024

Report Source: 2024 Annual Report

Golechha Global Finance Ltd. Stock Analysis 531360.BO

India Financials Nano Cap Report: 2024 Annual

Golechha Global Finance Ltd. operates as a non-banking finance company. The company is headquartered in Chennai, Tamil Nadu and currently employs 6 full-time employees. The firm is engaged in the business of financing. The company operates in a single geographical segment, which is Domestic. The firm's business operations are predominantly that of loans and advances.

Key Statistics of Golechha Global Finance Ltd (531360.BO)

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

Today's Range

₹30.40₹30.40

Today's Open

₹30.40

Volume

1.00

P/E Ratio (TTM)

52 Week Range

₹17.05₹38.20

Market Cap

173.02M

Avg. Volume

177.60

Dividend Yield

Financial Metrics & Statements of Golechha Global Finance Ltd (531360.BO)

FAQ's for Golechha Global Finance Ltd (531360.BO)

According to Musaffa’s Shariah screening methodology, Golechha Global Finance Ltd (531360.BO) is currently classified as NOT HALAL as of June 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.