Is Maagh Advertising and Marketing Services Ltd Stock Halal?
Shariah Compliance Analysis of 543624.BO Stock
India Communication Services Micro Cap
No. As of October 2026, Maagh Advertising and Marketing Services Ltd (543624.BO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Maagh Advertising and Marketing Services Ltd does not fully pass Musaffa's business and financial screening criteria.
Maagh Advertising & Marketing Services Ltd. engages in the provision of advertising services. The company is headquartered in Mumbai, Maharashtra and currently employs 8 full-time employees. The company went IPO on 2022-10-13. The firm empowers business-to-consumer (B2C) and business-to-business (B2B) clients to make improved marketing decisions. The firm operates in one reportable segment, which is Advertising & Media Agencies. Its media strategies include planning and strategy, media analytics, audience strategy, creative consulting, and media audit performance. The firm's advertising services include traditional services and digital services. Its traditional services include cinema, radio, television, newspaper, magazine, airline, airport and outdoor. The firm's digital services include social, paid, search engine optimization (SEO), programmatic media and influencer market. Its industry solution includes fast moving consumer goods (FMCG), e-commerce, health care, education, real estate, travel and tourism, auto mobile, finance, and startups.
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Maagh Advertising and Marketing Services Ltd 543624.BO
₹25.42
Last Updated: Mar 21, 12:00 AM·BSE
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543624.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Maagh Advertising and Marketing Services Ltd is classified as doubtful.
DOUBTFUL
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Financial Metrics & Statements of Maagh Advertising and Marketing Services Ltd (543624.BO)
FAQ's for Maagh Advertising and Marketing Services Ltd (543624.BO)
As of October 2026, Maagh Advertising and Marketing Services Ltd 543624.BO is classified as doubtful according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Maagh Advertising and Marketing Services Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Maagh Advertising and Marketing Services 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.
Musaffa determines the Shariah status of Maagh Advertising and Marketing Services Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Maagh Advertising and Marketing Services Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Maagh Advertising and Marketing Services Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Maagh Advertising and Marketing Services Ltd (543624.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.