Is Reliable Ventures India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Reliable Ventures India Ltd (532124.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 Reliable Ventures India 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 Reliable Ventures India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Reliable Ventures India Ltd?

Muslim investors may consider investing in Reliable Ventures India 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 Reliable Ventures India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Reliable Ventures India 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 Reliable Ventures India Ltd updated?

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

Can a halal stock like Reliable Ventures India 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 Reliable Ventures India Ltd?

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

Reliable Ventures India Ltd 532124.BO

₹20.50

Last Updated: May 15, 12:00 AM·BSE

532124.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Reliable Ventures India Ltd. Stock Analysis 532124.BO

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Reliable Ventures India Ltd. engages in the hospitality business. The company is headquartered in Bhopal, Madhya Pradesh and currently employs 63 full-time employees. The firm operates through the Trading segment.

Key Statistics of Reliable Ventures India Ltd (532124.BO)

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

Today's Range

₹20.50₹20.50

Today's Open

₹20.50

Volume

530.00

P/E Ratio (TTM)

52 Week Range

₹16.63₹46.79

Market Cap

244.53M

Avg. Volume

3089.86

Dividend Yield

Financial Metrics & Statements of Reliable Ventures India Ltd (532124.BO)

FAQ's for Reliable Ventures India Ltd (532124.BO)

According to Musaffa’s Shariah screening methodology, Reliable Ventures India Ltd (532124.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.