Is Kachchh Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kachchh Minerals Ltd (531778.BO) is currently classified as HALAL as of August 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 Kachchh Minerals 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 Kachchh Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kachchh Minerals Ltd?

Muslim investors may consider investing in Kachchh Minerals 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 Kachchh Minerals Ltd classified as HALAL?

Musaffa determines the Shariah status of Kachchh Minerals 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 Kachchh Minerals Ltd updated?

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

Can a halal stock like Kachchh Minerals 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 Kachchh Minerals Ltd?

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

Kachchh Minerals Ltd 531778.BO

₹27.49

Last Updated: May 15, 12:00 AM·BSE

531778.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: August 12, 2024

Report Source: 2024 Annual Report

Kachchh Minerals Ltd. Stock Analysis 531778.BO

India Materials Nano Cap Report: 2024 Annual

Kachchh Minerals Ltd. engages in the mining, processing, and marketing of minerals. The company is headquartered in Mumbai, Maharashtra and currently employs 6 full-time employees. The firm is engaged in the business of the minerals' industry by catering to the mineral processing segment through extraction of various types of silicas and China clay, mineral raw material and others. These minerals are sold as raw material and/or sold after processing as per the requirements of customers. The products of the Company are mainly accepted in the local market.

Key Statistics of Kachchh Minerals Ltd (531778.BO)

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

Today's Range

₹27.49₹27.49

Today's Open

₹27.49

Volume

1.00

P/E Ratio (TTM)

813.70

52 Week Range

₹18.42₹59.95

Market Cap

161.39M

Avg. Volume

622.85

Dividend Yield

Financial Metrics & Statements of Kachchh Minerals Ltd (531778.BO)

FAQ's for Kachchh Minerals Ltd (531778.BO)

According to Musaffa’s Shariah screening methodology, Kachchh Minerals Ltd (531778.BO) is currently classified as HALAL as of August 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.