Is Croissance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Croissance Ltd (531909.BO) is currently classified as DOUBTFUL 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 Croissance 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 Croissance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Croissance Ltd?

Muslim investors may consider investing in Croissance 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 Croissance Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Croissance 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 Croissance Ltd updated?

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

Can a halal stock like Croissance 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 Croissance Ltd?

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

Croissance Ltd 531909.BO

₹1.25

Last Updated: May 15, 12:00 AM·BSE

531909.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Croissance Ltd. Stock Analysis 531909.BO

India Real Estate Nano Cap Report: 2024 Annual

Croissance Ltd. engages in the provision of realty operating services. The company is headquartered in Bangalore, Karnataka. The firm is engaged in the business of constructing, building, developing and maintaining buildings, apartments, hospitals and other such structures in India and to purchase, acquire, take on lease, or in exchange or in any other lawful manner any area, lands, buildings, structures and other immovable properties or any interest therein. The company is also engaged in the business of distilleries, bio- based distilleries products, buying and selling of agro based products, processes, refineries and other all types of agro based products, green and alternate energy. Its Portfolio includes commercial, infrastructure and residential. The Company’s subsidiaries include Delicieux Restaurants Private Limited and Corbel Energy Private limited. The company offers real estate solutions and bioenergy solutions.

Key Statistics of Croissance Ltd (531909.BO)

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

Today's Range

₹1.25₹1.25

Today's Open

₹1.25

Volume

90.84K

P/E Ratio (TTM)

3,194.86

52 Week Range

₹1.25₹4.32

Market Cap

152.41M

Avg. Volume

307.39K

Dividend Yield

Financial Metrics & Statements of Croissance Ltd (531909.BO)

FAQ's for Croissance Ltd (531909.BO)

According to Musaffa’s Shariah screening methodology, Croissance Ltd (531909.BO) is currently classified as DOUBTFUL 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.