Is Helpage Finlease Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Helpage Finlease Ltd (539174.BO) is currently classified as NOT HALAL 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 Helpage Finlease 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 Helpage Finlease Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Helpage Finlease Ltd?

Muslim investors may consider investing in Helpage Finlease 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 Helpage Finlease Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Helpage Finlease 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 Helpage Finlease Ltd updated?

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

Can a halal stock like Helpage Finlease 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 Helpage Finlease Ltd?

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

Helpage Finlease Ltd 539174.BO

₹23.13 ₹0.77 (3.22%) 1D

Last Updated: May 15, 12:00 AM·BSE

539174.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 25, 2024

Report Source: 2024 Annual Report

Helpage Finlease Ltd. Stock Analysis 539174.BO

India N/A Nano Cap Report: 2024 Annual

Helpage Finlease Ltd. is a non-banking financial company, which engages in provision of banking and finance services to small and medium enterprise (SME). The company is headquartered in New Delhi, Delhi and currently employs 7 full-time employees. The company went IPO on 2015-06-05. The firm is engaged in the lending business. The company is mainly focused on providing services to small and medium enterprises (SMEs). The Company’s services include Education Fee Financing and SME Lending. Its offering includes working capital loans to support day-to-day operations, equipment financing to help businesses upgrade their assets, expansion financing to scale operations and explore new markets, and customized loan structures to suit business needs.

Key Statistics of Helpage Finlease Ltd (539174.BO)

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

Today's Range

₹22.55₹23.90

Today's Open

₹23.90

Volume

13.00

P/E Ratio (TTM)

14.54

52 Week Range

₹15.17₹33.80

Market Cap

231.34M

Avg. Volume

1238.91

Dividend Yield

Financial Metrics & Statements of Helpage Finlease Ltd (539174.BO)

FAQ's for Helpage Finlease Ltd (539174.BO)

According to Musaffa’s Shariah screening methodology, Helpage Finlease Ltd (539174.BO) is currently classified as NOT HALAL 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.