Is Popular Estate Management Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Popular Estate Management Ltd (531870.BO) is currently classified as NOT HALAL as of July 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 Popular Estate Management 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 Popular Estate Management Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Popular Estate Management Ltd?

Muslim investors may consider investing in Popular Estate Management 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 Popular Estate Management Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Popular Estate Management 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 Popular Estate Management Ltd updated?

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

Can a halal stock like Popular Estate Management 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 Popular Estate Management Ltd?

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

Popular Estate Management Ltd 531870.BO

₹16.80

Last Updated: May 15, 12:00 AM·BSE

531870.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Popular Estate Management Ltd. Stock Analysis 531870.BO

India Industrials Nano Cap Report: 2024 Annual

Popular Estate Management Ltd. engages in the management of real estate. The company is headquartered in Ahmedabad, Gujarat and currently employs 7 full-time employees. The firm operates through the infrastructure / construction segment. The Company’s projects include residential buildings and commercial buildings. The Company’s services include basic design and detail engineering, material sourcing, procurement assistance, liaison and co-ordination, and construction supervision. The firm operates in Ahmedabad, Gujarat.

Key Statistics of Popular Estate Management Ltd (531870.BO)

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

Today's Range

₹16.80₹16.80

Today's Open

₹16.80

Volume

1.00

P/E Ratio (TTM)

52 Week Range

₹12.62₹28.20

Market Cap

222.24M

Avg. Volume

69.83

Dividend Yield

Financial Metrics & Statements of Popular Estate Management Ltd (531870.BO)

FAQ's for Popular Estate Management Ltd (531870.BO)

According to Musaffa’s Shariah screening methodology, Popular Estate Management Ltd (531870.BO) is currently classified as NOT HALAL as of July 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.