Is Future Retail Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Future Retail Ltd (FRETAIL.NS) is currently classified as NOT HALAL as of November 2022. 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 Retail 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 Retail Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Future Retail Ltd?

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

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

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

Can a halal stock like Future Retail 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 Retail Ltd?

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

Future Retail Ltd FRETAIL.NS

₹2.28

Last Updated: Aug 01, 12:00 AM·NSE

FRETAIL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 11, 2022

Report Source: 2022 Annual Report

Future Retail Ltd. Stock Analysis FRETAIL.NS

India Consumer Discretionary Nano Cap Report: 2022 Annual

Future Retail Ltd. engages in the business of retail trading. The company is headquartered in Mumbai, Maharashtra and currently employs 21,839 full-time employees. The company went IPO on 2016-08-29. The firm operates in a single segment, namely, the retail segment. Its retail business includes hypermarkets, supermarkets, and lifestyle consumer electronics. The hypermarket and supermarket businesses are led by Big Bazaar, GEN NXT, HyperCity, Foodhall, fbb, Food Bazaar, Easyday Club, Heritage Fresh. The firm operates approximately 1,500 stores in over 400 cities and towns in India. Ezone is an experience-led lifestyle format that brings together the national and international consumer electronics and durable brands in a family-centric environment. The firm is under liquidation.

Key Statistics of Future Retail Ltd (FRETAIL.NS)

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

Today's Range

₹2.28₹2.28

Today's Open

₹2.28

Volume

637.19K

P/E Ratio (TTM)

52 Week Range

₹2.00₹4.10

Market Cap

1.24B

Avg. Volume

281.44K

Dividend Yield

Financial Metrics & Statements of Future Retail Ltd (FRETAIL.NS)

FAQ's for Future Retail Ltd (FRETAIL.NS)

According to Musaffa’s Shariah screening methodology, Future Retail Ltd (FRETAIL.NS) is currently classified as NOT HALAL as of November 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.