Is Prism Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Prism Finance Ltd (531735.BO) is currently classified as NOT HALAL as of February 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 Prism 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 Prism Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Prism Finance Ltd?

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

Musaffa determines the Shariah status of Prism 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 Prism Finance Ltd updated?

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

Can a halal stock like Prism 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 Prism Finance Ltd?

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

Prism Finance Ltd 531735.BO

₹26.96

Last Updated: Jan 02, 12:00 AM·BSE

531735.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 06, 2024

Report Source: 2024 2nd Quarter Report

Prism Finance Ltd. Stock Analysis 531735.BO

India N/A Nano Cap Report: Q2, 2024

Prism Finance Ltd. operates as a non-banking financial company, which engages in the business of financial services. The company is headquartered in Ahmedabad, Gujarat. The firm is engaged in the business of financial services by way of assisting in providing finance by way of loans, advances, bill discounting, lease, higher purchase and any other form of finance and also to make investment in shares and securities, trading as well as dealing in shares and securities.

Key Statistics of Prism Finance Ltd (531735.BO)

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

Today's Range

₹26.96₹26.96

Today's Open

₹26.96

Volume

100.00

P/E Ratio (TTM)

52 Week Range

₹26.50₹37.91

Market Cap

175.52M

Avg. Volume

9350.00

Dividend Yield

Financial Metrics & Statements of Prism Finance Ltd (531735.BO)

FAQ's for Prism Finance Ltd (531735.BO)

According to Musaffa’s Shariah screening methodology, Prism Finance Ltd (531735.BO) is currently classified as NOT HALAL as of February 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.