Is Jindal Leasefin Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Jindal Leasefin Ltd (539947.BO) is currently classified as NOT HALAL as of September 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 Jindal Leasefin 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 Jindal Leasefin Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Jindal Leasefin Ltd?

Muslim investors may consider investing in Jindal Leasefin 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 Jindal Leasefin Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Jindal Leasefin 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 Jindal Leasefin Ltd updated?

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

Can a halal stock like Jindal Leasefin 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 Jindal Leasefin Ltd?

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

Jindal Leasefin Ltd 539947.BO

₹80.62

Last Updated: May 12, 12:00 AM·BSE

539947.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 07, 2024

Report Source: 2025 1st Quarter Report

Jindal Leasefin Ltd. Stock Analysis 539947.BO

India N/A Nano Cap Report: Q1, 2025

Jindal Leasefin Ltd. is engaged in the business of providing loans and advances, and investment in shares in quoted and unquoted firms. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-06-30. The firm has diversified interests in the financial service sector.

Key Statistics of Jindal Leasefin Ltd (539947.BO)

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

Today's Range

₹80.62₹80.62

Today's Open

₹80.62

Volume

344.00

P/E Ratio (TTM)

26.49

52 Week Range

₹31.55₹80.62

Market Cap

210.31M

Avg. Volume

2558.40

Dividend Yield

Financial Metrics & Statements of Jindal Leasefin Ltd (539947.BO)

FAQ's for Jindal Leasefin Ltd (539947.BO)

According to Musaffa’s Shariah screening methodology, Jindal Leasefin Ltd (539947.BO) is currently classified as NOT HALAL as of September 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.