Is Haria Apparels Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Haria Apparels Ltd (538081.BO) is currently classified as NOT HALAL as of September 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 Haria Apparels 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 Haria Apparels Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Haria Apparels Ltd?

Muslim investors may consider investing in Haria Apparels 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 Haria Apparels Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Haria Apparels 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 Haria Apparels Ltd updated?

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

Can a halal stock like Haria Apparels 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 Haria Apparels Ltd?

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

Haria Apparels Ltd 538081.BO

₹5.60

Last Updated: May 15, 12:00 AM·BSE

538081.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 02, 2024

Report Source: 2025 1st Quarter Report

Haria Apparels Ltd. Stock Analysis 538081.BO

India Consumer Discretionary Nano Cap Report: Q1, 2025

Haria Apparels Ltd. engages in the provision of manufactures readymade garments. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2014-04-07. The firm operates through the Fabrics & Garment segment. Its products include apparel and clothing; home furnishings, such as cushions and bedcovers, curtains, napkins, table linen, and towels; ready-made garments, such as uniforms, athletic sportswear, wear for men, women and children, and knitted garment; industrial fabrics; accessories and material supplies; promotions caps; t-shirts, and accessories.

Key Statistics of Haria Apparels Ltd (538081.BO)

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

Today's Range

₹5.60₹5.60

Today's Open

₹5.60

Volume

2825.00

P/E Ratio (TTM)

10.10

52 Week Range

₹4.56₹7.65

Market Cap

27.37M

Avg. Volume

3750.86

Dividend Yield

Financial Metrics & Statements of Haria Apparels Ltd (538081.BO)

FAQ's for Haria Apparels Ltd (538081.BO)

According to Musaffa’s Shariah screening methodology, Haria Apparels Ltd (538081.BO) is currently classified as NOT HALAL as of September 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.