Is Sun Retail Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sun Retail Ltd (542025.BO) is currently classified as NOT HALAL as of July 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 Sun Retail 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 Sun Retail Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sun Retail Ltd?

Muslim investors may consider investing in Sun Retail 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 Sun Retail Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Sun Retail 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 Sun Retail Ltd updated?

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

Can a halal stock like Sun Retail 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 Sun Retail Ltd?

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

Sun Retail Ltd 542025.BO

₹0.39 ₹0.01 (2.50%) 1D

Last Updated: May 15, 12:00 AM·BSE

542025.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2024

Report Source: 2024 Annual Report

Sun Retail Ltd. Stock Analysis 542025.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Sun Retail Ltd. engages in the processing, packaging, and wholesale of refined and filtered edible oils. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-10-16. The firm is engaged in the business of trading in refined/filtered edible oils. Its products include cottonseed oil, groundnut oil and sunflower oil. The firm also performs the activity of bulk trading of palm olein oil and soyabean oil. The firm is engaged in the business of training and skill development, offering vocational training, and educational consulting in collaboration with the Central Government, State Governments, as well as various industry and industry associations. The company is also engaged in skill training projects of various governments in consortium with Ashray Foundation.

Key Statistics of Sun Retail Ltd (542025.BO)

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

Today's Range

₹0.39₹0.40

Today's Open

₹0.40

Volume

96.00K

P/E Ratio (TTM)

34.97

52 Week Range

₹0.28₹0.67

Market Cap

57.50M

Avg. Volume

224.00K

Dividend Yield

Financial Metrics & Statements of Sun Retail Ltd (542025.BO)

FAQ's for Sun Retail Ltd (542025.BO)

According to Musaffa’s Shariah screening methodology, Sun Retail Ltd (542025.BO) is currently classified as NOT HALAL as of July 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.