Is Shree Securities Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shree Securities Ltd (538975.BO) is currently classified as DOUBTFUL as of July 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 Shree Securities 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 Shree Securities Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shree Securities Ltd?

Muslim investors may consider investing in Shree Securities 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 Shree Securities Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Shree Securities 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 Shree Securities Ltd updated?

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

Can a halal stock like Shree Securities 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 Shree Securities Ltd?

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

Shree Securities Ltd 538975.BO

₹0.20

Last Updated: May 15, 12:00 AM·BSE

538975.BO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Shree Securities Ltd. Stock Analysis 538975.BO

India N/A Nano Cap Report: 2024 Annual

Shree Securities Ltd. is a non-banking financial services company, which engages in the business of finance and investment in shares and securities. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2015-03-03. The firm is engaged in the business of finance and investment in shares and securities. The firm also gives short term and long-term loans to its borrowers. The business of the Company is to make both long term and short-term investment in quoted as well as unquoted shares.

Key Statistics of Shree Securities Ltd (538975.BO)

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

Today's Range

₹0.20₹0.21

Today's Open

₹0.20

Volume

703.05K

P/E Ratio (TTM)

26.80

52 Week Range

₹0.19₹0.33

Market Cap

151.85M

Avg. Volume

1.04M

Dividend Yield

Financial Metrics & Statements of Shree Securities Ltd (538975.BO)

FAQ's for Shree Securities Ltd (538975.BO)

According to Musaffa’s Shariah screening methodology, Shree Securities Ltd (538975.BO) is currently classified as DOUBTFUL as of July 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.