Is Trio Mercantile And Trading Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Trio Mercantile And Trading Ltd (534755.BO) is currently classified as NOT HALAL as of January 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 Trio Mercantile And Trading 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 Trio Mercantile And Trading Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Trio Mercantile And Trading Ltd?

Muslim investors may consider investing in Trio Mercantile And Trading 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 Trio Mercantile And Trading Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Trio Mercantile And Trading 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 Trio Mercantile And Trading Ltd updated?

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

Can a halal stock like Trio Mercantile And Trading 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 Trio Mercantile And Trading Ltd?

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

Trio Mercantile And Trading Ltd 534755.BO

₹1.09

Last Updated: May 15, 12:00 AM·BSE

534755.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 10, 2024

Report Source: 2024 2nd Quarter Report

Trio Mercantile And Trading Ltd. Stock Analysis 534755.BO

India Industrials Nano Cap Report: Q2, 2024

Trio Mercantile & Trading Ltd. engages in the provision of trading and investment services. The company is headquartered in Mumbai, Maharashtra and currently employs 2 full-time employees. The company went IPO on 2012-12-06. The firm is engaged in trading activities. The principal business of the Company is trading and investment. The firm is also in the profession of services and consultancy activities. The firm is also in the business of finance related activities and the brokerage business.

Key Statistics of Trio Mercantile And Trading Ltd (534755.BO)

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

Today's Range

₹1.09₹1.15

Today's Open

₹1.09

Volume

51.52K

P/E Ratio (TTM)

52 Week Range

₹0.53₹1.25

Market Cap

62.60M

Avg. Volume

229.41K

Dividend Yield

Financial Metrics & Statements of Trio Mercantile And Trading Ltd (534755.BO)

FAQ's for Trio Mercantile And Trading Ltd (534755.BO)

According to Musaffa’s Shariah screening methodology, Trio Mercantile And Trading Ltd (534755.BO) is currently classified as NOT HALAL as of January 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.