Is Future Enterprises Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Future Enterprises Ltd (FEL.NS) is currently classified as NOT HALAL as of December 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 Future Enterprises 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 Future Enterprises Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Future Enterprises Ltd?

Muslim investors may consider investing in Future Enterprises 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 Future Enterprises Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Future Enterprises 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 Future Enterprises Ltd updated?

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

Can a halal stock like Future Enterprises 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 Future Enterprises Ltd?

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

FEL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 11, 2024

Report Source: 2023 Annual Report

Future Enterprises Ltd. Stock Analysis FEL.NS

India Consumer Discretionary Nano Cap Report: 2023 Annual

Future Enterprises Ltd. operates as a holding company. The company develops, owns and leases the retail infrastructure. The company is engaged in the business of manufacturing & trading in readymade garments, renting of assets activities, and investment. The Company, and its subsidiaries engaged in the business of manufacturing, trading, leasing of assets, logistics services and joint ventures with life and non-life insurance services. Its Future Supply Chain business provides information technology enabled end to end supply chain and logistics, such as warehousing, express logistics, cold chain, and e-commerce logistics. Its Future Generali India Insurance business provides solution to customers and enterprises through retail, commercial, personal, and rural product offerings. Its Work Stores Limited is engaged in consumption space of office supplies, office equipment and products. Its subsidiaries include Futurebazaar India Limited, Future Media (India) Limited, and others.

Key Statistics of Future Enterprises Ltd (FEL.NS)

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

Today's Range

₹0.43₹0.45

Today's Open

₹0.45

Volume

96.62K

P/E Ratio (TTM)

52 Week Range

₹0.34₹0.65

Market Cap

343.01M

Avg. Volume

202.68K

Dividend Yield

Financial Metrics & Statements of Future Enterprises Ltd (FEL.NS)

FAQ's for Future Enterprises Ltd (FEL.NS)

According to Musaffa’s Shariah screening methodology, Future Enterprises Ltd (FEL.NS) is currently classified as NOT HALAL as of December 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.