Is Simplex Papers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Simplex Papers Ltd (533019.BO) is currently classified as NOT HALAL as of August 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 Simplex Papers 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 Simplex Papers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Simplex Papers Ltd?

Muslim investors may consider investing in Simplex Papers 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 Simplex Papers Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Simplex Papers 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 Simplex Papers Ltd updated?

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

Can a halal stock like Simplex Papers 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 Simplex Papers Ltd?

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

Simplex Papers Ltd 533019.BO

₹1,573.00

Last Updated: May 13, 12:00 AM·BSE

533019.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 07, 2024

Report Source: 2025 1st Quarter Report

Simplex Papers Ltd. Stock Analysis 533019.BO

India Industrials Nano Cap Report: Q1, 2025

Simplex Papers Ltd. engages in the trade of paper products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2008-09-23. The firm operates through a single segment, which is trading in paper products. Its operations are largely limited to India.

Key Statistics of Simplex Papers Ltd (533019.BO)

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

Today's Range

₹1,573.00₹1,573.00

Today's Open

₹1,573.00

Volume

2.00

P/E Ratio (TTM)

52 Week Range

₹1,350.05₹2,094.00

Market Cap

44.49M

Avg. Volume

5.38

Dividend Yield

Financial Metrics & Statements of Simplex Papers Ltd (533019.BO)

FAQ's for Simplex Papers Ltd (533019.BO)

According to Musaffa’s Shariah screening methodology, Simplex Papers Ltd (533019.BO) is currently classified as NOT HALAL as of August 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.