Is Gilada Finance and Investments Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Gilada Finance and Investments Ltd (538788.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 Gilada Finance and Investments 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 Gilada Finance and Investments Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Gilada Finance and Investments Ltd?

Muslim investors may consider investing in Gilada Finance and Investments 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 Gilada Finance and Investments Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Gilada Finance and Investments 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 Gilada Finance and Investments Ltd updated?

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

Can a halal stock like Gilada Finance and Investments 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 Gilada Finance and Investments Ltd?

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

Gilada Finance and Investments Ltd 538788.BO

₹12.64 ₹0.11 (0.86%) 1D

Last Updated: May 15, 12:00 AM·BSE

538788.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 11, 2022

Report Source: 2022 1st Quarter Report

Gilada Finance and Investments Ltd. Stock Analysis 538788.BO

India N/A Nano Cap Report: Q1, 2022

Gilada Finance & Investments Ltd. engages in the provision of financial and investment services. The company is headquartered in Bangalore, Karnataka and currently employs 26 full-time employees. The company went IPO on 2014-11-19. The firm is engaged in the business of financing and investments. The company is in the business of lending and primarily deals in vehicle financing, small business loans and mortgage loans. The company provides vehicle loans for new and used vehicles (private and commercial). The firm offers mortgage loans for new construction, renovation needs or site purchase.

Key Statistics of Gilada Finance and Investments Ltd (538788.BO)

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

Today's Range

₹12.30₹12.75

Today's Open

₹12.75

Volume

9564.00

P/E Ratio (TTM)

8.24

52 Week Range

₹10.70₹23.80

Market Cap

174.06M

Avg. Volume

6711.91

Dividend Yield

Financial Metrics & Statements of Gilada Finance and Investments Ltd (538788.BO)

FAQ's for Gilada Finance and Investments Ltd (538788.BO)

According to Musaffa’s Shariah screening methodology, Gilada Finance and Investments Ltd (538788.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.