Is Unishire Urban Infra Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Unishire Urban Infra Ltd (537582.BO) is currently classified as NOT HALAL as of June 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 Unishire Urban Infra 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 Unishire Urban Infra Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Unishire Urban Infra Ltd?

Muslim investors may consider investing in Unishire Urban Infra 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 Unishire Urban Infra Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Unishire Urban Infra 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 Unishire Urban Infra Ltd updated?

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

Can a halal stock like Unishire Urban Infra 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 Unishire Urban Infra Ltd?

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

Unishire Urban Infra Ltd 537582.BO

₹1.69 ₹0.28 (19.86%) 1D

Last Updated: May 14, 12:00 AM·BSE

537582.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 12, 2024

Report Source: 2024 Annual Report

Unishire Urban Infra Ltd. Stock Analysis 537582.BO

India Real Estate Nano Cap Report: 2024 Annual

Unishire Urban Infra Ltd. engages in the development and construction of real estate. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2014-02-28. The firm is also engaged in equity share trading and investing activities. The firm has two operating infrastructure and real estate. The infrastructure segment is involved in construction projects in different sectors, such as roads, rails, ports, irrigation, power, among others. Its operations include real estate development, from the identification and acquisition of land, the planning, execution, and marketing of its projects, through to the maintenance and management of its completed developments. The Company’s projects include The Weave, Verzure, Belvedere Premia, Terazza, Esplanade, Indira Elan, La Vida, and Spacio. Its services include property management, interiors and leasing.

Key Statistics of Unishire Urban Infra Ltd (537582.BO)

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

Today's Range

₹1.35₹1.69

Today's Open

₹1.41

Volume

30.00K

P/E Ratio (TTM)

52 Week Range

₹1.12₹3.55

Market Cap

37.33M

Avg. Volume

50.00K

Dividend Yield

Financial Metrics & Statements of Unishire Urban Infra Ltd (537582.BO)

FAQ's for Unishire Urban Infra Ltd (537582.BO)

According to Musaffa’s Shariah screening methodology, Unishire Urban Infra Ltd (537582.BO) is currently classified as NOT HALAL as of June 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.