Is Binani Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Binani Industries Ltd (BINANIIND.NS) is currently classified as NOT HALAL as of January 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 Binani 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 Binani Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Binani Industries Ltd?

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

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

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

Can a halal stock like Binani 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 Binani Industries Ltd?

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

Binani Industries Ltd BINANIIND.NS

₹12.88 ₹0.88 (7.33%) 1D

Last Updated: Oct 03, 12:00 AM·NSE

BINANIIND.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 05, 2025

Report Source: 2025 2nd Quarter Report

Binani Industries Ltd. Stock Analysis BINANIIND.NS

India Industrials Nano Cap Report: Q2, 2025

Binani Industries Ltd. is a holding company, which engages in the manufacture and sale of cement and glass fibre zinc. The company is headquartered in Mumbai, Maharashtra. The Company’s subsidiary is Global Composite Holdings Inc. The firm is not engaged in any business activities.

Key Statistics of Binani Industries Ltd (BINANIIND.NS)

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

Today's Range

₹11.91₹13.50

Today's Open

₹12.00

Volume

23.58K

P/E Ratio (TTM)

6.55

52 Week Range

₹9.17₹23.11

Market Cap

446.99M

Avg. Volume

14.58K

Dividend Yield

Financial Metrics & Statements of Binani Industries Ltd (BINANIIND.NS)

FAQ's for Binani Industries Ltd (BINANIIND.NS)

According to Musaffa’s Shariah screening methodology, Binani Industries Ltd (BINANIIND.NS) is currently classified as NOT HALAL as of January 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.