Is Ishaan Infrastructures and Shelters Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ishaan Infrastructures and Shelters Ltd (540134.BO) is currently classified as NOT HALAL as of April 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 Ishaan Infrastructures and Shelters 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 Ishaan Infrastructures and Shelters Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ishaan Infrastructures and Shelters Ltd?

Muslim investors may consider investing in Ishaan Infrastructures and Shelters 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 Ishaan Infrastructures and Shelters Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ishaan Infrastructures and Shelters 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 Ishaan Infrastructures and Shelters Ltd updated?

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

Can a halal stock like Ishaan Infrastructures and Shelters 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 Ishaan Infrastructures and Shelters Ltd?

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

Ishaan Infrastructures and Shelters Ltd 540134.BO

₹17.00 ₹0.15 (0.87%) 1D

Last Updated: May 15, 12:00 AM·BSE

540134.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 06, 2024

Report Source: 2024 3rd Quarter Report

Ishaan Infrastructures and Shelters Ltd. Stock Analysis 540134.BO

India N/A Nano Cap Report: Q3, 2024

Ishaan Infrastructures & Shelters Ltd. engages in the infrastructure business. The company is headquartered in Ahmedabad, Gujarat and currently employs 3 full-time employees. The company went IPO on 2016-09-29. The firm is engaged in construction and printing businesses. The firm also acts as builders and contractors. The firm deals in all kinds of infrastructure activities.

Key Statistics of Ishaan Infrastructures and Shelters Ltd (540134.BO)

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

Today's Range

₹17.00₹17.15

Today's Open

₹17.15

Volume

3617.00

P/E Ratio (TTM)

52 Week Range

₹6.31₹19.38

Market Cap

19.36M

Avg. Volume

5051.64

Dividend Yield

Financial Metrics & Statements of Ishaan Infrastructures and Shelters Ltd (540134.BO)

FAQ's for Ishaan Infrastructures and Shelters Ltd (540134.BO)

According to Musaffa’s Shariah screening methodology, Ishaan Infrastructures and Shelters Ltd (540134.BO) is currently classified as NOT HALAL as of April 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.