Is Jet Solar Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Jet Solar Ltd (538794.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 Jet Solar 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 Jet Solar Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Jet Solar Ltd?

Muslim investors may consider investing in Jet Solar 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 Jet Solar Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Jet Solar 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 Jet Solar Ltd updated?

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

Can a halal stock like Jet Solar 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 Jet Solar Ltd?

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

Jet Solar Ltd 538794.BO

₹12.45

Last Updated: May 14, 12:00 AM·BSE

538794.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 10, 2022

Report Source: 2022 Annual Report

Jet Solar Ltd. Stock Analysis 538794.BO

India Real Estate Nano Cap Report: 2022 Annual

Jet Solar Ltd. is a real estate development company, which engages in the development of residential projects. The company is headquartered in Mumbai, Maharashtra and currently employs 5 full-time employees. The company went IPO on 2014-11-25. The firm is engaged in the business of real estate/real estate development, including construction. The firm focuses on residential and commercial projects. Its operations include real estate development, from the identification and acquisition of land, the planning, execution and marketing of its projects, maintenance and management of its completed developments. The firm's ongoing projects include Jet Prakriti, which is located at Wilson Hills station, Gujarat. Its completed residential/commercial projects include Jet Excellency, which is located in Navsari, Gujarat; Sai Residency, which is located in Alibaug, Maharashtra; Shree Samartha, which is located in Alibaug, Maharashtra; Nandanvan Business Centre, which is located in Kandivali, Mumbai, Maharashtra, and Samarth Residency, which is located in Alibaug.

Key Statistics of Jet Solar Ltd (538794.BO)

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

Today's Range

₹12.45₹12.45

Today's Open

₹12.45

Volume

4000.00

P/E Ratio (TTM)

367.21

52 Week Range

₹9.95₹22.14

Market Cap

172.47M

Avg. Volume

19.20K

Dividend Yield

Financial Metrics & Statements of Jet Solar Ltd (538794.BO)

FAQ's for Jet Solar Ltd (538794.BO)

According to Musaffa’s Shariah screening methodology, Jet Solar Ltd (538794.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.