Is Delta Industrial Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Delta Industrial Resources Ltd (539596.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 Delta Industrial Resources 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 Delta Industrial Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Delta Industrial Resources Ltd?

Muslim investors may consider investing in Delta Industrial Resources 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 Delta Industrial Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Delta Industrial Resources 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 Delta Industrial Resources Ltd updated?

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

Can a halal stock like Delta Industrial Resources 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 Delta Industrial Resources Ltd?

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

Delta Industrial Resources Ltd 539596.BO

₹12.00 ₹0.20 (1.64%) 1D

Last Updated: May 15, 12:00 AM·BSE

539596.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 08, 2024

Report Source: 2024 3rd Quarter Report

Delta Industrial Resources Ltd. Stock Analysis 539596.BO

India N/A Nano Cap Report: Q3, 2024

Delta Industrial Resources Ltd. engages in the business of trading in fabrics and textiles. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-01-25. The firm is engaged in the business of trading in fabrics and textiles. The firm operates through a single segment, namely trading of commodities.

Key Statistics of Delta Industrial Resources Ltd (539596.BO)

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

Today's Range

₹12.00₹12.48

Today's Open

₹12.20

Volume

1714.00

P/E Ratio (TTM)

52 Week Range

₹10.01₹17.85

Market Cap

62.11M

Avg. Volume

1831.83

Dividend Yield

Financial Metrics & Statements of Delta Industrial Resources Ltd (539596.BO)

FAQ's for Delta Industrial Resources Ltd (539596.BO)

According to Musaffa’s Shariah screening methodology, Delta Industrial Resources Ltd (539596.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.