Is Rajdarshan Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rajdarshan Industries Ltd (ARENTERP.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 Rajdarshan Industries 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 Rajdarshan Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rajdarshan Industries Ltd?

Muslim investors may consider investing in Rajdarshan Industries 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 Rajdarshan Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Rajdarshan Industries 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 Rajdarshan Industries Ltd updated?

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

Can a halal stock like Rajdarshan Industries 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 Rajdarshan Industries Ltd?

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

ARENTERP.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 01, 2024

Report Source: 2024 1st Quarter Report

Rajdarshan Industries Ltd. Stock Analysis ARENTERP.NS

India Industrials Nano Cap Report: Q1, 2024

Rajdarshan Industries Ltd. engages in the business of trading quartz and minerals. The firm is involved in undertaking drilling operations and the business of mining, manufacturing and trading of all types of minerals. The company deals in the raising of limestone and removal of overburden, including transportation thereof on a hire/contract basis for various cement plants. The firm's services include project management, marketing consultancy, limestone, cement plants, and marble and mining machines.

Key Statistics of Rajdarshan Industries Ltd (ARENTERP.NS)

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

Today's Range

₹36.71₹39.89

Today's Open

₹36.71

Volume

7697.00

P/E Ratio (TTM)

56.08

52 Week Range

₹30.01₹62.99

Market Cap

124.98M

Avg. Volume

1727.48

Dividend Yield

Financial Metrics & Statements of Rajdarshan Industries Ltd (ARENTERP.NS)

FAQ's for Rajdarshan Industries Ltd (ARENTERP.NS)

According to Musaffa’s Shariah screening methodology, Rajdarshan Industries Ltd (ARENTERP.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.