Is Jakharia Fabric Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Jakharia Fabric Ltd (JAKHARIA.NS) is currently classified as NOT HALAL as of February 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 Jakharia Fabric 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 Jakharia Fabric Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Jakharia Fabric Ltd?

Muslim investors may consider investing in Jakharia Fabric 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 Jakharia Fabric Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Jakharia Fabric 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 Jakharia Fabric Ltd updated?

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

Can a halal stock like Jakharia Fabric 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 Jakharia Fabric Ltd?

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

Jakharia Fabric Ltd JAKHARIA.NS

₹60.50

Last Updated: Oct 16, 12:00 AM·NSE

JAKHARIA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 01, 2024

Report Source: 2023 Annual Report

Jakharia Fabric Ltd. Stock Analysis JAKHARIA.NS

India Consumer Discretionary Nano Cap Report: 2023 Annual

Jakharia Fabric Ltd. engages in the textile business. The company is headquartered in Thane, Maharashtra and currently employs 158 full-time employees. The company went IPO on 2018-07-11. The firm procures grey fabric from the market and further dyes and finishes the same as per the client’s requirements. The company also outsources certain processes, such as weaving of the fabric and printing as per the demand of the customers based on the quality required. The company manufactures and processes the fabric especially suitable for shirting. The company offers a range of fabrics, which includes cotton, polyester, rayon, viscose, linen and man-made and blended fabrics. The company has two processing units located at MIDC Saravli Village, Bhiwandi City, Maharashtra and MIDC Tarapur Town, Boisar, Maharashtra. The plant has the facilities for dyeing and processing a range of fabrics.

Key Statistics of Jakharia Fabric Ltd (JAKHARIA.NS)

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

Today's Range

₹60.50₹60.50

Today's Open

₹60.50

Volume

2400.00

P/E Ratio (TTM)

22.43

52 Week Range

₹60.00₹173.60

Market Cap

738.72M

Avg. Volume

3600.00

Dividend Yield

Financial Metrics & Statements of Jakharia Fabric Ltd (JAKHARIA.NS)

FAQ's for Jakharia Fabric Ltd (JAKHARIA.NS)

According to Musaffa’s Shariah screening methodology, Jakharia Fabric Ltd (JAKHARIA.NS) is currently classified as NOT HALAL as of February 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.