Is Panabyte Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Panabyte Technologies Ltd (538742.BO) is currently classified as NOT HALAL as of November 2022. 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 Panabyte Technologies 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 Panabyte Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Panabyte Technologies Ltd?

Muslim investors may consider investing in Panabyte Technologies 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 Panabyte Technologies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Panabyte Technologies 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 Panabyte Technologies Ltd updated?

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

Can a halal stock like Panabyte Technologies 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 Panabyte Technologies Ltd?

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

Panabyte Technologies Ltd 538742.BO

₹27.00 ₹1.55 (6.09%) 1D

Last Updated: May 15, 12:00 AM·BSE

538742.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2022 Annual Report

Panabyte Technologies Ltd. Stock Analysis 538742.BO

India N/A Nano Cap Report: 2022 Annual

Panabyte Technologies Ltd. engages in the distribution of electronic products. The company is headquartered in Thane, Maharashtra and currently employs 45 full-time employees. The company went IPO on 2014-10-29. The firm is engaged in supply, service, manufacturing and production. The company offers a range of solutions and services across various verticals in technology solutions, consulting and business systems integration involving electronic and security systems, card printing, asset management, and maintenance services for technology solutions, peripherals, and accessories to clients. Its products include Fire Detection and Alarm System, Smart Parking Solution, Canteen Management Solution, Access Control & Time Attendance Management System, Access Control Panel with Anti Tailgating Detector, E-Surveillance & CCTV Surveillance System, Perimeter Security Solution, and IT Infra Product Line. Its IT Infra Product Line includes LAPTOP, CLAIR, ID Card Printer, Servers and Workstations, Flat Panel Display, and SQUAIR PC.

Key Statistics of Panabyte Technologies Ltd (538742.BO)

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

Today's Range

₹25.37₹27.25

Today's Open

₹25.45

Volume

1222.00

P/E Ratio (TTM)

191.69

52 Week Range

₹24.00₹47.94

Market Cap

188.55M

Avg. Volume

4475.24

Dividend Yield

Financial Metrics & Statements of Panabyte Technologies Ltd (538742.BO)

FAQ's for Panabyte Technologies Ltd (538742.BO)

According to Musaffa’s Shariah screening methodology, Panabyte Technologies Ltd (538742.BO) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.