Is CMM Infraprojects Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, CMM Infraprojects Ltd (CMMIPL.NS) is currently classified as NOT HALAL as of September 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 CMM Infraprojects 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 CMM Infraprojects Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of CMM Infraprojects Ltd?

Muslim investors may consider investing in CMM Infraprojects 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 CMM Infraprojects Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of CMM Infraprojects 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 CMM Infraprojects Ltd updated?

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

Can a halal stock like CMM Infraprojects 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 CMM Infraprojects Ltd?

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

CMM Infraprojects Ltd CMMIPL.NS

₹1.95

Last Updated: Apr 23, 12:00 AM·NSE

CMMIPL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 04, 2024

Report Source: 2024 Annual Report

CMM Infraprojects Ltd. Stock Analysis CMMIPL.NS

India Industrials Nano Cap Report: 2024 Annual

CMM Infraprojects Ltd. engages in the construction and development of government infrastructure projects. The company is headquartered in Indore, Madhya Pradesh. The company went IPO on 2017-10-12. The firm is engaged in the business of construction of government infrastructure projects, and development of various public civil construction/infrastructural projects in the building and road sector.

Key Statistics of CMM Infraprojects Ltd (CMMIPL.NS)

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

Today's Range

₹1.95₹1.95

Today's Open

₹1.95

Volume

3000.00

P/E Ratio (TTM)

52 Week Range

₹1.65₹3.60

Market Cap

30.56M

Avg. Volume

18.00K

Dividend Yield

Financial Metrics & Statements of CMM Infraprojects Ltd (CMMIPL.NS)

FAQ's for CMM Infraprojects Ltd (CMMIPL.NS)

According to Musaffa’s Shariah screening methodology, CMM Infraprojects Ltd (CMMIPL.NS) is currently classified as NOT HALAL as of September 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.