Is Tricom Fruit Products Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Tricom Fruit Products Ltd (531716.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 Tricom Fruit Products 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 Tricom Fruit Products Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Tricom Fruit Products Ltd?

Muslim investors may consider investing in Tricom Fruit Products 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 Tricom Fruit Products Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Tricom Fruit Products 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 Tricom Fruit Products Ltd updated?

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

Can a halal stock like Tricom Fruit Products 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 Tricom Fruit Products Ltd?

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

Tricom Fruit Products Ltd 531716.BO

₹1.97

Last Updated: May 15, 12:00 AM·BSE

531716.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 04, 2024

Report Source: 2025 1st Quarter Report

Tricom Fruit Products Ltd. Stock Analysis 531716.BO

India Consumer Staples Nano Cap Report: Q1, 2025

Tricom Fruit Products Ltd. engages in the export of processed fruits. The company is headquartered in Satara, Maharashtra. The firm was an exporter of processed fruits. The Company’s operations have been discontinued, and assets of the Company have been sold, and there is no production at the factory due to the discontinued operations. Therefore, the income from operations is nil.

Key Statistics of Tricom Fruit Products Ltd (531716.BO)

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

Today's Range

₹1.90₹2.02

Today's Open

₹1.97

Volume

2249.00

P/E Ratio (TTM)

52 Week Range

₹1.58₹3.46

Market Cap

32.51M

Avg. Volume

7939.64

Dividend Yield

Financial Metrics & Statements of Tricom Fruit Products Ltd (531716.BO)

FAQ's for Tricom Fruit Products Ltd (531716.BO)

According to Musaffa’s Shariah screening methodology, Tricom Fruit Products Ltd (531716.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.