Is Varyaa Creations Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Varyaa Creations Ltd (544168.BO) is currently classified as HALAL as of October 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 Varyaa Creations 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 Varyaa Creations Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Varyaa Creations Ltd?

Muslim investors may consider investing in Varyaa Creations 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 Varyaa Creations Ltd classified as HALAL?

Musaffa determines the Shariah status of Varyaa Creations 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 Varyaa Creations Ltd updated?

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

Can a halal stock like Varyaa Creations 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 Varyaa Creations Ltd?

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

Varyaa Creations Ltd 544168.BO

₹28.45 ₹1.60 (5.96%) 1D

Last Updated: May 14, 12:00 AM·BSE

544168.BO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 16, 2024

Report Source: 2024 Annual Report

Varyaa Creations Ltd. Stock Analysis 544168.BO

India Consumer Discretionary Nano Cap Report: 2024 Annual

Varyaa Creations Ltd. engages in wholesale trading of gemstones, precious metals and manufacturing of jewelry. The company is headquartered in Mumbai, Maharashtra and currently employs 6 full-time employees. The company went IPO on 2024-04-30. The firm is specialized in manufacturing and trading of Jadau, diamonds and gemstones. The company offers a wide range of gold and silver coins, bars, and bullions. The firm also sells its products through its own brand BaubleBerry.

Key Statistics of Varyaa Creations Ltd (544168.BO)

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

Today's Range

₹26.85₹28.45

Today's Open

₹26.85

Volume

2000.00

P/E Ratio (TTM)

32.05

52 Week Range

₹24.02₹65.05

Market Cap

139.60M

Avg. Volume

2083.33

Dividend Yield

Financial Metrics & Statements of Varyaa Creations Ltd (544168.BO)

Community-Curated Collections with Varyaa Creations Ltd (544168.BO) ( With 544168.BO )

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

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FAQ's for Varyaa Creations Ltd (544168.BO)

According to Musaffa’s Shariah screening methodology, Varyaa Creations Ltd (544168.BO) is currently classified as HALAL as of October 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.