Is Accord Synergy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Accord Synergy Ltd (ACCORD.NS) is currently classified as NOT HALAL as of February 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 Accord Synergy 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 Accord Synergy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Accord Synergy Ltd?

Muslim investors may consider investing in Accord Synergy 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 Accord Synergy Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Accord Synergy 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 Accord Synergy Ltd updated?

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

Can a halal stock like Accord Synergy 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 Accord Synergy Ltd?

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

Accord Synergy Ltd ACCORD.NS

₹45.85

Last Updated: May 14, 12:00 AM·NSE

ACCORD.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 01, 2024

Report Source: 2024 2nd Quarter Report

Accord Synergy Ltd. Stock Analysis ACCORD.NS

India N/A Nano Cap Report: Q2, 2024

Accord Synergy Ltd. engages in the provision of professional manpower outsourcing to all the clients. The company is headquartered in Vadodara, Gujarat and currently employs 250 full-time employees. The company went IPO on 2017-07-06. The Company’s support services include network planning and optimization, network rollout, managed services, and manpower solutions through subcontracting basis. The company provides all services related to planning, installation and commissioning, operation, modification, and maintenance of telecom networks. The firm also provides manpower for its customers. The company offers a variety of services and solutions, including technical site surveys, radio surveys, network planning, radio and core equipment (Bulletin Board System, Radio Base Station, 2G, 3G and long-term evolution) installation, installation supervision and commission/ integration services to a variety of equipment and vendors. The company caters to various telecom operators and telecom equipment manufacturers operating in India.

Key Statistics of Accord Synergy Ltd (ACCORD.NS)

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

Today's Range

₹45.85₹45.85

Today's Open

₹45.85

Volume

4000.00

P/E Ratio (TTM)

52 Week Range

₹19.20₹50.60

Market Cap

126.75M

Avg. Volume

19.25K

Dividend Yield

Financial Metrics & Statements of Accord Synergy Ltd (ACCORD.NS)

FAQ's for Accord Synergy Ltd (ACCORD.NS)

According to Musaffa’s Shariah screening methodology, Accord Synergy Ltd (ACCORD.NS) is currently classified as NOT HALAL as of February 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.