Is Quasar India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Quasar India Ltd (538452.BO) is currently classified as NOT HALAL as of October 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 Quasar India 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 Quasar India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Quasar India Ltd?

Muslim investors may consider investing in Quasar India 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 Quasar India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Quasar India 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 Quasar India Ltd updated?

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

Can a halal stock like Quasar India 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 Quasar India Ltd?

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

Quasar India Ltd 538452.BO

₹0.28

Last Updated: Dec 02, 12:00 AM·BSE

538452.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 26, 2024

Report Source: 2025 1st Quarter Report

Quasar India Ltd. Stock Analysis 538452.BO

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Quasar India Ltd. engages in dealing and trading fabric and textile, commodities, and other related materials on retail and wholesale. The company is headquartered in New Delhi, Delhi. The company went IPO on 2014-06-16. The firm is engaged in the business of dealing and trading in all types of goods, commodities, and other related materials in retail as well as on a wholesale basis. The firm operates through the Agriculture Trading segment.

Key Statistics of Quasar India Ltd (538452.BO)

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

Today's Range

₹0.27₹0.29

Today's Open

₹0.28

Volume

1.11M

P/E Ratio (TTM)

548.00

52 Week Range

₹0.27₹0.94

Market Cap

133.47M

Avg. Volume

2.75M

Dividend Yield

Financial Metrics & Statements of Quasar India Ltd (538452.BO)

FAQ's for Quasar India Ltd (538452.BO)

According to Musaffa’s Shariah screening methodology, Quasar India Ltd (538452.BO) is currently classified as NOT HALAL as of October 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.