Is S M Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, S M Gold Ltd (542034.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 S M Gold 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 S M Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of S M Gold Ltd?

Muslim investors may consider investing in S M Gold 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 S M Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of S M Gold 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 S M Gold Ltd updated?

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

Can a halal stock like S M Gold 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 S M Gold Ltd?

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

S M Gold Ltd 542034.BO

₹11.50 ₹0.80 (6.50%) 1D

Last Updated: May 15, 12:00 AM·BSE

542034.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 03, 2025

Report Source: 2025 2nd Quarter Report

S M Gold Ltd. Stock Analysis 542034.BO

India Consumer Discretionary Nano Cap Report: Q2, 2025

S. M. Gold Ltd. engages in the manufacture and sale of mangalsutra jewellery. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-10-19. The firm's other business also includes other jewelry, such as rings, chains, earrings, ear chains, nose-rings/nose pins, waist belts, anklets, zuda, toe rings, pendant sets/pendants, bracelets and bangles, wedding jewelry, and festive jewelry, among others. Its jewelry is sold under the brand name of S. M. Gold - the House of Mangalsutra. The firm also offers its customers a variety of traditional, Indo-western and modern jewelry. The company also customizes the jewelry according to the individual needs.

Key Statistics of S M Gold Ltd (542034.BO)

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

Today's Range

₹11.50₹12.31

Today's Open

₹12.30

Volume

25.61K

P/E Ratio (TTM)

28.11

52 Week Range

₹10.65₹20.70

Market Cap

164.26M

Avg. Volume

25.55K

Dividend Yield

Financial Metrics & Statements of S M Gold Ltd (542034.BO)

FAQ's for S M Gold Ltd (542034.BO)

According to Musaffa’s Shariah screening methodology, S M Gold Ltd (542034.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.