Is Panafic Industrials Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Panafic Industrials Ltd (538860.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 Panafic Industrials 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 Panafic Industrials Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Panafic Industrials Ltd?

Muslim investors may consider investing in Panafic Industrials 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 Panafic Industrials Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Panafic Industrials 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 Panafic Industrials Ltd updated?

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

Can a halal stock like Panafic Industrials 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 Panafic Industrials Ltd?

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

Panafic Industrials Ltd 538860.BO

₹1.02

Last Updated: May 15, 12:00 AM·BSE

538860.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 09, 2022

Report Source: 2022 1st Quarter Report

Panafic Industrials Ltd. Stock Analysis 538860.BO

India Financials Nano Cap Report: Q1, 2022

Panafic Industrials Ltd. is a non-banking financial company, which engages in financing industrial enterprises by way of making loans and advances. The company is headquartered in New Delhi, Delhi. The company went IPO on 2015-01-07. The firm is engaged in trading and investment in securities and loans. The firm operates through a single segment, namely financing.

Key Statistics of Panafic Industrials Ltd (538860.BO)

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

Today's Range

₹1.02₹1.02

Today's Open

₹1.02

Volume

89.00K

P/E Ratio (TTM)

1,795.62

52 Week Range

₹0.60₹1.30

Market Cap

84.72M

Avg. Volume

269.25K

Dividend Yield

Financial Metrics & Statements of Panafic Industrials Ltd (538860.BO)

FAQ's for Panafic Industrials Ltd (538860.BO)

According to Musaffa’s Shariah screening methodology, Panafic Industrials Ltd (538860.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.