Is Purple Entertainment Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Purple Entertainment Ltd (540159.BO) is currently classified as NOT HALAL as of January 2025. 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 Purple Entertainment 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 Purple Entertainment Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Purple Entertainment Ltd?

Muslim investors may consider investing in Purple Entertainment 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 Purple Entertainment Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Purple Entertainment 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 Purple Entertainment Ltd updated?

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

Can a halal stock like Purple Entertainment 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 Purple Entertainment Ltd?

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

Purple Entertainment Ltd 540159.BO

₹4.81 ₹0.25 (5.48%) 1D

Last Updated: May 15, 12:00 AM·BSE

540159.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 06, 2025

Report Source: 2025 2nd Quarter Report

Purple Entertainment Ltd. Stock Analysis 540159.BO

India N/A Nano Cap Report: Q2, 2025

Purple Agrotech Industries Ltd. engages in the provision of entertainment related services. The company is headquartered in Kanpur, Uttar Pradesh. The company went IPO on 2016-10-21. The firm is engaged in entertainment related activities and finance related services. The firm is engaged in the business of investment, trading in shares, mutual funds, and other securities.

Key Statistics of Purple Entertainment Ltd (540159.BO)

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

Today's Range

₹4.56₹4.81

Today's Open

₹4.56

Volume

525.00

P/E Ratio (TTM)

13.24

52 Week Range

₹2.92₹8.20

Market Cap

38.36M

Avg. Volume

1595.41

Dividend Yield

Financial Metrics & Statements of Purple Entertainment Ltd (540159.BO)

FAQ's for Purple Entertainment Ltd (540159.BO)

According to Musaffa’s Shariah screening methodology, Purple Entertainment Ltd (540159.BO) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.