Is AVI Polymers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, AVI Polymers Ltd (539288.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 AVI Polymers 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 AVI Polymers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of AVI Polymers Ltd?

Muslim investors may consider investing in AVI Polymers 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 AVI Polymers Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of AVI Polymers 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 AVI Polymers Ltd updated?

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

Can a halal stock like AVI Polymers 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 AVI Polymers Ltd?

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

AVI Polymers Ltd 539288.BO

₹21.79

Last Updated: May 15, 12:00 AM·BSE

539288.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 08, 2022

Report Source: 2022 1st Quarter Report

AVI Polymers Ltd. Stock Analysis 539288.BO

India N/A Nano Cap Report: Q1, 2022

AVI Polymers Ltd. engages in the wholesale trading of chemicals. The company is headquartered in Ranchi, Jharkhand and currently employs 5 full-time employees. The company went IPO on 2015-08-20. The firm is engaged in manufacturing of polymer compounds for cables, plastics and textile industries. The company operates through a single segment, namely, Trading. Its portfolio of products includes plastic and rubber compounds, dye intermediates and detergent chemicals. Its products include chemical division, dye intermediate division, detergent chemical division, polymer division, and water treatment chemical division. Its chemical division includes chromic acid, magnesium chloride, amonium per sulphate, and others. Its dye intermediate division includes beta napthol, bon acid, M.P.D (methyl diphenylamine), and P.N.A (para nitro aniline). Its detergent chemical division includes sodium per sulphate, zeolite, percipitated silica, and acid slurry. Its polymer division includes AVICRYL 1871, AVICRYL 1861, AVISITEX 5321, and AVISITEX 7643. Its water treatment chemicals division includes boiler treatment chemicals, R O chemicals, and others.

Key Statistics of AVI Polymers Ltd (539288.BO)

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

Today's Range

₹21.79₹21.79

Today's Open

₹21.79

Volume

22.66K

P/E Ratio (TTM)

293.56

52 Week Range

₹5.43₹29.41

Market Cap

1.05B

Avg. Volume

5.71M

Dividend Yield

Financial Metrics & Statements of AVI Polymers Ltd (539288.BO)

FAQ's for AVI Polymers Ltd (539288.BO)

According to Musaffa’s Shariah screening methodology, AVI Polymers Ltd (539288.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.