Is PBA Infrastructure Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, PBA Infrastructure Ltd (532676.BO) is currently classified as NOT HALAL as of April 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 PBA Infrastructure 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 PBA Infrastructure Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of PBA Infrastructure Ltd?

Muslim investors may consider investing in PBA Infrastructure 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 PBA Infrastructure Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of PBA Infrastructure 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 PBA Infrastructure Ltd updated?

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

Can a halal stock like PBA Infrastructure 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 PBA Infrastructure Ltd?

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

PBA Infrastructure Ltd 532676.BO

₹10.70 ₹0.74 (6.47%) 1D

Last Updated: May 15, 12:00 AM·BSE

532676.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 04, 2024

Report Source: 2024 3rd Quarter Report

PBA Infrastructure Ltd. Stock Analysis 532676.BO

India Industrials Nano Cap Report: Q3, 2024

PBA Infrastructure Ltd. engages in the execution of infrastructure development projects through fixed price contracts. The firm specializes in construction of highways, bridges, runways, heavy reinforced cement concrete (RCC) structures and other infrastructure projects. The Company’s business segment includes Construction & Engineering. The main business activity of the Company is that of execution of infrastructure development projects through fixed-price contracts. The firm has infrastructure projects all over India from Kashmir to Kanyakumari for various Government and Semi-Government organizations, like NHAI, MES, Military Engineer Services State PWDs of Maharashtra, Jammu & Kashmir, Mumbai Metropolitan Region Development Authority (MMRDA), Gujarat and Karnataka.

Key Statistics of PBA Infrastructure Ltd (532676.BO)

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

Today's Range

₹10.15₹11.44

Today's Open

₹11.44

Volume

1020.00

P/E Ratio (TTM)

6.29

52 Week Range

₹7.00₹17.00

Market Cap

113.71M

Avg. Volume

4585.64

Dividend Yield

Financial Metrics & Statements of PBA Infrastructure Ltd (532676.BO)

FAQ's for PBA Infrastructure Ltd (532676.BO)

According to Musaffa’s Shariah screening methodology, PBA Infrastructure Ltd (532676.BO) is currently classified as NOT HALAL as of April 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.