Is CHD Chemicals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, CHD Chemicals Ltd (539800.BO) is currently classified as NOT HALAL as of May 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 CHD Chemicals 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 CHD Chemicals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of CHD Chemicals Ltd?

Muslim investors may consider investing in CHD Chemicals 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 CHD Chemicals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of CHD Chemicals 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 CHD Chemicals Ltd updated?

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

Can a halal stock like CHD Chemicals 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 CHD Chemicals Ltd?

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

CHD Chemicals Ltd 539800.BO

₹6.65 ₹0.41 (5.81%) 1D

Last Updated: May 15, 12:00 AM·BSE

539800.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 06, 2024

Report Source: 2024 3rd Quarter Report

CHD Chemicals Ltd. Stock Analysis 539800.BO

India Industrials Nano Cap Report: Q3, 2024

CHD Chemicals Ltd. manufactures chemicals for textile industry. The company is headquartered in Panchkula, Haryana. The company went IPO on 2016-04-01. The firm is engaged in the business of trading and distribution of chemicals and dyes for textiles industry, leather, and paper industries. The firm also deals in construction chemicals.

Key Statistics of CHD Chemicals Ltd (539800.BO)

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

Today's Range

₹6.32₹7.06

Today's Open

₹7.06

Volume

6689.00

P/E Ratio (TTM)

52 Week Range

₹4.11₹7.24

Market Cap

50.62M

Avg. Volume

13.04K

Dividend Yield

Financial Metrics & Statements of CHD Chemicals Ltd (539800.BO)

FAQ's for CHD Chemicals Ltd (539800.BO)

According to Musaffa’s Shariah screening methodology, CHD Chemicals Ltd (539800.BO) is currently classified as NOT HALAL as of May 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.