Is Inditrade Capital Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Inditrade Capital Ltd (532745.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 Inditrade Capital 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 Inditrade Capital Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Inditrade Capital Ltd?

Muslim investors may consider investing in Inditrade Capital 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 Inditrade Capital Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Inditrade Capital 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 Inditrade Capital Ltd updated?

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

Can a halal stock like Inditrade Capital 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 Inditrade Capital Ltd?

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

Inditrade Capital Ltd 532745.BO

₹2.75 ₹0.15 (5.17%) 1D

Last Updated: May 11, 12:00 AM·BSE

532745.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 14, 2024

Report Source: 2024 Annual Report

Inditrade Capital Ltd. Stock Analysis 532745.BO

India Financials Nano Cap Report: 2024 Annual

Inditrade Capital Ltd. engages in the provision of financial services and commodity broking. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-05-18. The firm operates through five segments: Client Financing, Commodity Trade Support Services, Sale of Goods, Insurance Broking Services and Others. Its Businesses include Inditrade Microfinance, Agri-Commodity Finance, MSMEM finance (InCash), Indikash, Insurance, Scalerator and Boonbox. Its Agri-commodity finance provides funding primarily against exchange-traded nonessential commodities, such as soya, pepper, cardamom, rubber, and others. The firm offers credit in rural and semi-urban areas through its subsidiary, Inditrade Microfinance Limited. The company provides a range of life, health and general insurance solutions from various insurance companies to many major corporates in the country. The company operates across 12 states and union territories.

Key Statistics of Inditrade Capital Ltd (532745.BO)

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

Today's Range

₹2.75₹2.90

Today's Open

₹2.90

Volume

44.37K

P/E Ratio (TTM)

52 Week Range

₹2.75₹8.34

Market Cap

72.74M

Avg. Volume

35.66K

Dividend Yield

Financial Metrics & Statements of Inditrade Capital Ltd (532745.BO)

FAQ's for Inditrade Capital Ltd (532745.BO)

According to Musaffa’s Shariah screening methodology, Inditrade Capital Ltd (532745.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.