Is Sharpline Broadcast Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Sharpline Broadcast Ltd (543341.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 Sharpline Broadcast 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 Sharpline Broadcast Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Sharpline Broadcast Ltd?

Muslim investors may consider investing in Sharpline Broadcast 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 Sharpline Broadcast Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Sharpline Broadcast 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 Sharpline Broadcast Ltd updated?

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

Can a halal stock like Sharpline Broadcast 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 Sharpline Broadcast Ltd?

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

Sharpline Broadcast Ltd 543341.BO

₹10.98 ₹0.31 (2.91%) 1D

Last Updated: May 15, 12:00 AM·BSE

543341.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2024

Report Source: 2024 Annual Report

Sharpline Broadcast Ltd. Stock Analysis 543341.BO

India Communication Services Nano Cap Report: 2024 Annual

The company is headquartered in Delhi, Delhi. The company went IPO on 2019-02-04.

Key Statistics of Sharpline Broadcast Ltd (543341.BO)

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

Today's Range

₹10.65₹10.98

Today's Open

₹10.67

Volume

1745.00

P/E Ratio (TTM)

51.42

52 Week Range

₹8.55₹15.80

Market Cap

312.60M

Avg. Volume

4238.27

Dividend Yield

Financial Metrics & Statements of Sharpline Broadcast Ltd (543341.BO)

FAQ's for Sharpline Broadcast Ltd (543341.BO)

According to Musaffa’s Shariah screening methodology, Sharpline Broadcast Ltd (543341.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.