Is Radaan Media Works India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Radaan Media Works India Ltd (RADAAN.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 Radaan Media Works India 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 Radaan Media Works India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Radaan Media Works India Ltd?

Muslim investors may consider investing in Radaan Media Works India 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 Radaan Media Works India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Radaan Media Works India 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 Radaan Media Works India Ltd updated?

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

Can a halal stock like Radaan Media Works India 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 Radaan Media Works India Ltd?

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

Radaan Media Works India Ltd RADAAN.NS

₹3.09 ₹0.10 (3.13%) 1D

Last Updated: May 15, 12:00 AM·NSE

RADAAN.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 01, 2024

Report Source: 2024 2nd Quarter Report

Radaan Media Works India Ltd. Stock Analysis RADAAN.NS

India Communication Services Nano Cap Report: Q2, 2024

Radaan Mediaworks (I) Ltd. engages in business of television and digital content production; conducting of shows and events; and feature films. The firm is in the business of production of television/digital content, conducting shows/events, and feature films. The firm operates in the area of producing content for tele-serials/films, digital content, web series, events, game shows and others, producing films, undertaking distribution activities, theatrical plays and setting up training courses comprising acting, dance, martial arts, and yoga and others. The company has approximately 8000 television production houses covering 30 languages. The company telecasts approximately 500 daily and over 200 weekly television programs. The company telecasts programs on various channels in South India, such as Sun TV, KTV, Gemini, Surya, Udaya, ETV, and Zee. The company telecasts serials in Tamil, Telugu, Malayalam, Hindi, Kannada and Gujarati languages. The firm's wholly owned subsidiary is Radaan Media Ventures Pte Ltd.

Key Statistics of Radaan Media Works India Ltd (RADAAN.NS)

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

Today's Range

₹3.05₹3.19

Today's Open

₹3.19

Volume

20.30K

P/E Ratio (TTM)

50.59

52 Week Range

₹2.35₹5.37

Market Cap

173.32M

Avg. Volume

34.17K

Dividend Yield

Financial Metrics & Statements of Radaan Media Works India Ltd (RADAAN.NS)

FAQ's for Radaan Media Works India Ltd (RADAAN.NS)

According to Musaffa’s Shariah screening methodology, Radaan Media Works India Ltd (RADAAN.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.