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Paramount Textile PLC PTL.DS

PTL.DS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2024

Report Source: 2023 Annual Report

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Paramount Textile PLC. Stock Analysis PTL.DS

Bangladesh Consumer Discretionary Micro Cap Report:
Paramount Textile Plc engages in the manufacturing and marketing of yarn dyed woven fabrics. The firm produces and markets yarn, solid dyed, woven fabrics and printed fabrics in diverse shades, construction, recipes, colors, and others for its buyers in different countries. The firm's segments include Printing, Sweater yarn dyeing, Knit yarn dyeing, Yarn dyed fabrics, and Sales to Bangladesh Power Development Board (BPDB). Its woven fabrics include cotton yarn dyed fabrics, cotton solid white fabrics, striped and check shirts, stretch fabric and others. Its process unit includes dyeing, weaving, solid dyeing, printing, and finishing. The finished products are sold to different units to produce readymade garments for final export. Its products include Lenzing Tencel, Lenzing Ecovero & Birla Livaeco, Cotton & Wool, Cotton & Wool, and others.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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