Is Shukra Bullions Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shukra Bullions Ltd (531506.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 Shukra Bullions 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 Shukra Bullions Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shukra Bullions Ltd?

Muslim investors may consider investing in Shukra Bullions 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 Shukra Bullions Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shukra Bullions 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 Shukra Bullions Ltd updated?

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

Can a halal stock like Shukra Bullions 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 Shukra Bullions Ltd?

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

Shukra Bullions Ltd 531506.BO

₹43.00 ₹0.56 (1.29%) 1D

Last Updated: May 15, 12:00 AM·BSE

531506.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 06, 2024

Report Source: 2023 Annual Report

Shukra Bullions Ltd. Stock Analysis 531506.BO

India N/A Nano Cap Report: 2023 Annual

Shukra Bullions Ltd. engages in the business of precious gems, diamonds, plain, and studded gold and silver jewellery. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-05-05. The firm is in the business of manufacturing diamond-studded gold jewelry, trading in cut and polished diamonds and the real estate business.

Key Statistics of Shukra Bullions Ltd (531506.BO)

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

Today's Range

₹43.00₹43.56

Today's Open

₹43.56

Volume

9.00

P/E Ratio (TTM)

555.22

52 Week Range

₹16.78₹50.38

Market Cap

191.73M

Avg. Volume

250.29

Dividend Yield

Financial Metrics & Statements of Shukra Bullions Ltd (531506.BO)

FAQ's for Shukra Bullions Ltd (531506.BO)

According to Musaffa’s Shariah screening methodology, Shukra Bullions Ltd (531506.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.