Is Franklin Leasing and Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Franklin Leasing and Finance Ltd (539839.BO) is currently classified as NOT HALAL as of August 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 Franklin Leasing and Finance 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 Franklin Leasing and Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Franklin Leasing and Finance Ltd?

Muslim investors may consider investing in Franklin Leasing and Finance 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 Franklin Leasing and Finance Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Franklin Leasing and Finance 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 Franklin Leasing and Finance Ltd updated?

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

Can a halal stock like Franklin Leasing and Finance 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 Franklin Leasing and Finance Ltd?

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

Franklin Leasing and Finance Ltd 539839.BO

₹8.92

Last Updated: Feb 01, 12:00 AM·BSE

539839.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 19, 2024

Report Source: 2024 Annual Report

Franklin Leasing and Finance Ltd. Stock Analysis 539839.BO

India Financials Nano Cap Report: 2024 Annual

Franklin Leasing & Finance Ltd. operates as a non deposit taking non banking finance company, which engages in investment of securities and extending financial loan services. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-04-13. The firm is primarily engaged in the business of lending and investing/trading in securities. The firm operates in the segments of investment in securities and extending financial loan services.

Key Statistics of Franklin Leasing and Finance Ltd (539839.BO)

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

Today's Range

₹8.92₹8.92

Today's Open

₹8.92

Volume

4000.00

P/E Ratio (TTM)

67.96

52 Week Range

₹8.92₹13.50

Market Cap

141.00M

Avg. Volume