Is Bahrain Ship Repairing and Engineering Co BSC halal to invest in?

According to Musaffa's Shariah screening methodology, Bahrain Ship Repairing and Engineering Co BSC (BASREC.BH) is currently classified as NOT HALAL as of April 2025. 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 Bahrain Ship Repairing and Engineering Co BSC 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 Bahrain Ship Repairing and Engineering Co BSC using these criteria to determine its compliance status.

Can Muslims buy shares of Bahrain Ship Repairing and Engineering Co BSC?

Muslim investors may consider investing in Bahrain Ship Repairing and Engineering Co BSC 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 Bahrain Ship Repairing and Engineering Co BSC classified as NOT HALAL?

Musaffa determines the Shariah status of Bahrain Ship Repairing and Engineering Co BSC 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 Bahrain Ship Repairing and Engineering Co BSC updated?

The Shariah compliance status of Bahrain Ship Repairing and Engineering Co BSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Bahrain Ship Repairing and Engineering Co BSC 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 Bahrain Ship Repairing and Engineering Co BSC?

You can check the latest Shariah compliance status of Bahrain Ship Repairing and Engineering Co BSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Bahrain Ship Repairing and Engineering Co BSC BASREC.BH

BD1.00

Last Updated: Feb 15, 12:00 AM·BSE

BASREC.BH Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 24, 2025

Report Source: 2024 Annual Report

Bahrain Ship Repairing and Engineering Co BSC. Stock Analysis BASREC.BH

Bahrain Industrials Micro Cap Report: 2024 Annual

Bahrain Ship Repairing & Engineering Co. BSC engages in the provision of repair and maintenance services to vessels operating in the Arabian Gulf and emergency repairs to the larger ocean-going ships that pass through the area. The firm also has an engineering contracting and trading division (TEAMS). The firm is organized into three segments which include ship repairing and investments, trading, Pump repairing. ship repairing and investments segment is engaged in ship repairing and investment activities. Trading segment is engaged in selling of mechanical, electrical and pumps. Pump repairing segment is engaged in pump repairing. The Subsidiary of the Company include Marine and Industrial Pump Repair (Gulf) W.L.L.

Key Statistics of Bahrain Ship Repairing and Engineering Co BSC (BASREC.BH)

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

Today's Range

BD1.00BD1.00

Today's Open

BD1.00

Volume

5538.00

P/E Ratio (TTM)

7.80

52 Week Range

BD0.90BD1.00

Market Cap

19.80M

Avg. Volume