Is Aryan Share & Stock Brokers Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Aryan Share & Stock Brokers Ltd (542176.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 Aryan Share & Stock Brokers 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 Aryan Share & Stock Brokers Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Aryan Share & Stock Brokers Ltd?

Muslim investors may consider investing in Aryan Share & Stock Brokers 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 Aryan Share & Stock Brokers Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Aryan Share & Stock Brokers 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 Aryan Share & Stock Brokers Ltd updated?

The Shariah compliance status of Aryan Share & Stock Brokers Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Aryan Share & Stock Brokers 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 Aryan Share & Stock Brokers Ltd?

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

Aryan Share & Stock Brokers Ltd 542176.BO

₹21.59

Last Updated: May 14, 12:00 AM·BSE

542176.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 02, 2024

Report Source: 2024 Annual Report

Aryan Share & Stock Brokers Ltd. Stock Analysis 542176.BO

India N/A Nano Cap Report: 2024 Annual

Aryan Share & Stock Brokers Ltd. engages stock broking and depository services. The company is headquartered in Chennai, Tamil Nadu and currently employs 5 full-time employees. The company went IPO on 2018-12-12. The firm operates through the stockbroking, depository and other related services segment.

Key Statistics of Aryan Share & Stock Brokers Ltd (542176.BO)

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

Today's Range

₹21.59₹21.59

Today's Open

₹21.59

Volume

119.00

P/E Ratio (TTM)

52 Week Range

₹16.21₹29.38

Market Cap

18.90M

Avg. Volume

540.83

Dividend Yield

Financial Metrics & Statements of Aryan Share & Stock Brokers Ltd (542176.BO)

FAQ's for Aryan Share & Stock Brokers Ltd (542176.BO)

According to Musaffa’s Shariah screening methodology, Aryan Share & Stock Brokers Ltd (542176.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.