Is Kahan Packaging Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kahan Packaging Ltd (543979.BO) is currently classified as HALAL as of March 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 Kahan Packaging 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 Kahan Packaging Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kahan Packaging Ltd?

Muslim investors may consider investing in Kahan Packaging 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 Kahan Packaging Ltd classified as HALAL?

Musaffa determines the Shariah status of Kahan Packaging 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 Kahan Packaging Ltd updated?

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

Can a halal stock like Kahan Packaging 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 Kahan Packaging Ltd?

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

Kahan Packaging Ltd 543979.BO

₹42.00

Last Updated: May 15, 12:00 AM·BSE

543979.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 01, 2024

Report Source: 2024 2nd Quarter Report

Kahan Packaging Ltd. Stock Analysis 543979.BO

India Materials Nano Cap Report: Q2, 2024

Kahan Packaging Ltd. manufactures polymer based woven products. The company is headquartered in Mumbai, Maharashtra and currently employs 11 full-time employees. The company went IPO on 2023-09-15. The firm is engaged in the business of manufacturing and wholesale of Biaxially Oriented Polypropylene (BOPP) Laminated Bags, High-Density Polyethylene (HDPE) Bags, Polypropylene (PP) Bags and similar products relating to the packaging industry. The firm's products include HDPE / PP Tapes, HDPE / PP Woven Fabrics, HDPE / PP Woven Bags, BOPP Laminated PP Woven Bags. HDPE / PP Tapes are used for creating the fabric that makes up packaging bags. HDPE / PP Woven Bags are constructed from polypropylene and are used across various sectors such as food, fertilizer, seeds, cement, and chemicals. The firm's manufacturing facility is in Mumbai, India.

Key Statistics of Kahan Packaging Ltd (543979.BO)

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

Today's Range

₹42.00₹42.00

Today's Open

₹42.00

Volume

1600.00

P/E Ratio (TTM)

10.01

52 Week Range

₹37.50₹71.00

Market Cap

119.86M

Avg. Volume

2311.11

Dividend Yield

Financial Metrics & Statements of Kahan Packaging Ltd (543979.BO)

Community-Curated Collections with Kahan Packaging Ltd (543979.BO) ( With 543979.BO )

View All

Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

Industries Stocks

By Ansari Yunush

41 Followers

+976 more

FAQ's for Kahan Packaging Ltd (543979.BO)

According to Musaffa’s Shariah screening methodology, Kahan Packaging Ltd (543979.BO) is currently classified as HALAL as of March 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.