Is Superior Finlease Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Superior Finlease Ltd (539835.BO) is currently classified as NOT HALAL as of March 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 Superior 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 Superior Finlease Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Superior Finlease Ltd?

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

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

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

Can a halal stock like Superior 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 Superior Finlease Ltd?

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

Superior Finlease Ltd 539835.BO

₹1.90 ₹0.08 (4.04%) 1D

Last Updated: May 15, 12:00 AM·BSE

539835.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 27, 2024

Report Source: 2024 2nd Quarter Report

Superior Finlease Ltd. Stock Analysis 539835.BO

India N/A Nano Cap Report: Q2, 2024

Superior Finlease Ltd. a non- banking financial company, providing loans and advances to various corporates. The company is headquartered in New Delhi, Delhi and currently employs 16 full-time employees. The company went IPO on 2016-04-13. The firm is engaged mainly in the business of providing loans and advances. Its business loan products include loan against shares, loan against bonds, loan against security, loan against mutual funds, small business owner, and secured business loan.

Key Statistics of Superior Finlease Ltd (539835.BO)

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

Today's Range

₹1.70₹1.98

Today's Open

₹1.98

Volume

40.37K

P/E Ratio (TTM)

29.36

52 Week Range

₹1.12₹2.00

Market Cap

50.79M

Avg. Volume

11.65K

Dividend Yield

Financial Metrics & Statements of Superior Finlease Ltd (539835.BO)

FAQ's for Superior Finlease Ltd (539835.BO)

According to Musaffa’s Shariah screening methodology, Superior Finlease Ltd (539835.BO) is currently classified as NOT HALAL as of March 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.