Is SPS Finquest Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, SPS Finquest Ltd (538402.BO) is currently classified as NOT HALAL as of January 2025. 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 SPS Finquest 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 SPS Finquest Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of SPS Finquest Ltd?

Muslim investors may consider investing in SPS Finquest 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 SPS Finquest Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of SPS Finquest 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 SPS Finquest Ltd updated?

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

Can a halal stock like SPS Finquest 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 SPS Finquest Ltd?

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

SPS Finquest Ltd 538402.BO

₹178.75

Last Updated: Dec 20, 12:00 AM·BSE

538402.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 05, 2025

Report Source: 2025 2nd Quarter Report

SPS Finquest Ltd. Stock Analysis 538402.BO

India Financials Nano Cap Report: Q2, 2025

SPS Finquest Ltd. engages in the business of advancing loans for investing/trading in securities. The company is headquartered in Mumbai, Maharashtra and currently employs 10 full-time employees. The firm is engaged in the financing business in initial public offering (IPO), stocks and securities. The firm is primarily engaged in stock financing and providing inter-corporate loans. The firm is part of SPS Group, having business operations in the fields of stockbroking, depository participant, mutual fund distribution, portfolio management (PMS), insurance repository services and insurance broking. The firm's products include a margin funding facility, a working capital facility and loans against shares. The company is focused on providing asset finance through its pan-India branch network.

Key Statistics of SPS Finquest Ltd (538402.BO)

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

Today's Range

₹178.75₹178.75

Today's Open

₹178.75

Volume

88.00

P/E Ratio (TTM)

54.79

52 Week Range

₹178.75₹178.75

Market Cap

Avg. Volume

2249.23

Dividend Yield

Financial Metrics & Statements of SPS Finquest Ltd (538402.BO)

FAQ's for SPS Finquest Ltd (538402.BO)

According to Musaffa’s Shariah screening methodology, SPS Finquest Ltd (538402.BO) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.