Is Vani Commercials Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Vani Commercials Ltd (538918.BO) is currently classified as NOT HALAL as of June 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 Vani Commercials 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 Vani Commercials Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Vani Commercials Ltd?

Muslim investors may consider investing in Vani Commercials 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 Vani Commercials Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Vani Commercials 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 Vani Commercials Ltd updated?

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

Can a halal stock like Vani Commercials 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 Vani Commercials Ltd?

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

Vani Commercials Ltd 538918.BO

₹9.18 ₹0.32 (3.37%) 1D

Last Updated: May 15, 12:00 AM·BSE

538918.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 03, 2024

Report Source: 2024 Annual Report

Vani Commercials Ltd. Stock Analysis 538918.BO

India N/A Nano Cap Report: 2024 Annual

Vani Commercials Ltd. engages in the provision of financial services. The company is headquartered in New Delhi, Delhi and currently employs 14 full-time employees. The company went IPO on 2015-01-28. The firm has a diversified lending portfolio across retail, small and medium-sized enterprises (SME) and commercial customers with a presence in urban India. Its product range includes loans for purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for purchase of commercial property, electric (e)-vehicles and lease rental discounting. The firm's financial services include personal loans, unsecured loans, management consultants, home loans, retail initial public offerings (IPO) funding, financial consultants and corporate deposits.

Key Statistics of Vani Commercials Ltd (538918.BO)

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

Today's Range

₹8.50₹10.00

Today's Open

₹9.50

Volume

100.32K

P/E Ratio (TTM)

105.54

52 Week Range

₹6.71₹14.95

Market Cap

268.02M

Avg. Volume

123.64K

Dividend Yield

Financial Metrics & Statements of Vani Commercials Ltd (538918.BO)

FAQ's for Vani Commercials Ltd (538918.BO)

According to Musaffa’s Shariah screening methodology, Vani Commercials Ltd (538918.BO) is currently classified as NOT HALAL as of June 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.