Is Unitech International Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Unitech International Ltd (531867.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 Unitech International 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 Unitech International Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Unitech International Ltd?

Muslim investors may consider investing in Unitech International 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 Unitech International Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Unitech International 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 Unitech International Ltd updated?

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

Can a halal stock like Unitech International 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 Unitech International Ltd?

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

Unitech International Ltd 531867.BO

₹3.61 ₹0.12 (3.22%) 1D

Last Updated: May 15, 12:00 AM·BSE

531867.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 13, 2024

Report Source: 2024 2nd Quarter Report

Unitech International Ltd. Stock Analysis 531867.BO

India Industrials Nano Cap Report: Q2, 2024

Unitech International Ltd. engages in the design, development, and manufacturing of acrylic-based products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-04-12. The firm is engaged in the manufacturing and exporting of 100% cast grade regenerated pmma sheets and monomer having a purity of more than 98%. The Company’s segment is trading business.

Key Statistics of Unitech International Ltd (531867.BO)

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

Today's Range

₹3.59₹3.89

Today's Open

₹3.73

Volume

3627.00

P/E Ratio (TTM)

52 Week Range

₹2.89₹5.89

Market Cap

33.59M

Avg. Volume

11.99K

Dividend Yield

Financial Metrics & Statements of Unitech International Ltd (531867.BO)

FAQ's for Unitech International Ltd (531867.BO)

According to Musaffa’s Shariah screening methodology, Unitech International Ltd (531867.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.